701 Gothic Rd #306Crested ButteCO81225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Crested Butte at 701 Gothic Rd #306, Crested Butte, CO, 81225 offers a 7.6% rental yield on a $425,000 purchase with $2,692/mo rent. Total monthly income registers $2,692/mo, and a $2,080/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,584/yr on $140,888 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 112.22% and total cumulative return in cash at $158,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,692/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81225, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 257 (20.3%) |
| Renter Occupied HU | 175 (13.8%) |
| Vacant Housing Units | 834 (65.9%) |
| Median Home Value | $995,370 |
| Average Home Value | $1,230,146 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Eldridge • Coldwell Banker Mountain Properties
Mls Name: CREN
Mls Provider:
Mls ID: #822692
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.