701 Gothic Road #338Crested 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
Investment property for sale in Crested Butte at 701 Gothic Road #338, Crested Butte, CO, 81225 uses $101,108 cash to close to unlock $4,180/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,126/mo, and a $1,493/mo payment keeps the spread at $348/mo. Purchase price stands at $305,000, and rental yield measures 8.36% with $2,126/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 124.56% and total cumulative return in cash records $125,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,126/mo property income covering a $1,493/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
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Listed by: Alexandra Richland • Signature Properties Ebner & Associates, LLC
Mls Name: CREN
Mls ID: #830836