703 Lincoln Ave #B206Steamboat SpringsCO80477
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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 Steamboat Springs at 703 Lincoln Ave #B206, Steamboat Springs, CO, 80477 offers a 2.78% rental yield on a $1,150,000 purchase with $2,668/mo rent. 2% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 24.15% and total cumulative return in cash at $89,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,668/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
0.56 Acres lot
$N/A/sqft
$8,120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80477, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
468
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Listed by: Amy Brown • The Agency Steamboat Springs
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1053164
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