712 Lakeside DrBasaltCO81621
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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 Basalt at 712 Lakeside Dr, Basalt, CO, 81621 at $670,000 posts ROI 25.59% with $1,017/mo cash flow from $5,400/mo rent. Total monthly income equals $5,400/mo, and annual cash flow records $12,200/yr on $220,430 to close. Return on cash invested measures 25.59% and rental yield reads 9.67% at the current $670,000. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 by year five. Five-year ROI prints 133.77% and total cumulative return in cash totals $294,869.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2003
N/A lot
$N/A/sqft
$479 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81621, Basalt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 1,761 (51.4%) |
| Renter Occupied HU | 1,054 (30.8%) |
| Vacant Housing Units | 608 (17.8%) |
| Median Home Value | $1,198,736 |
| Average Home Value | $1,284,723 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
718
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Listed by: Ryan Anslyn • Roaring Fork Realty, LLC
Mls Name: AGSMLS
Mls ID: #187621
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.