701 Gothic Road #344Crested 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 Crested Butte at 701 Gothic Road #344, Crested Butte, CO, 81225 generates $2,843/mo in rent and, after a $1,463/mo payment, leaves $1,101/mo in cash flow. Total monthly income is $2,843/mo, and annual cash flow is $13,211/yr on $99,119 invested. Return on cash invested sits at 33.24% in year one, and rental yield is 11.41% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 173.83% and total cumulative return in cash sums $172,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,843/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: Mindy Sturm • Premier Mountain Properties - CB
Mls Name: CREN
Mls Provider:
Mls ID: #822888
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.