701 Gothic Road #140Crested 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 Road #140, Crested Butte, CO, 81225 uses $140,888 cash to close to unlock $14,920/yr annual cash flow and $1,243/mo monthly cash flow. Total monthly income runs $3,720/mo, and a $2,080/mo payment keeps the spread at $1,243/mo. Purchase price stands at $425,000, and rental yield measures 10.5% with $3,720/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 159.17% and total cumulative return in cash records $224,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,720/mo property income covering a $2,080/mo payment rather than investor’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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Duryea • Crested Butte Resort Real Estate
Mls Name: CREN
Mls ID: #830502