701 Gothic Rd #R241Mount Crested ButteCO81225
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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
Rental property for sale in Mount Crested Butte at 701 Gothic Rd #R241, Mount Crested Butte, CO, 81225 generates $2,663/mo in rent and, after a $2,203/mo payment, leaves $40/mo in cash flow. Total monthly income is $2,663/mo, and annual cash flow is $480/yr on $149,175 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.1% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 104.09% and total cumulative return in cash sums $155,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,663/mo property income rather than buyer’s personal income.
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
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Listed by: Colette Kraatz • Crested Butte Resort Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #822413
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.