721 Whiterock AvenueCrested ButteCO81224
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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 721 Whiterock Avenue, Crested Butte, CO, 81224 priced at $1,799,000 converts $4,440/mo rent into after a $8,805/mo obligation. Total monthly income equals $4,440/mo. Return on cash invested prints 7.93% in year one, and rental yield reads 2.96% against a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation compiles into $497,031 by year five. Five-year ROI reaches 38% and total cumulative return in cash sums $221,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,440/mo property income covering a $8,805/mo payment, not borrower’s personal income.
Single Family
Built in 1975
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81224, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,236 (40.1%) |
| Renter Occupied HU | 599 (19.4%) |
| Vacant Housing Units | 1,250 (40.5%) |
| Median Home Value | $866,728 |
| Average Home Value | $1,049,937 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
351
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Listed by: Shelley Albers • RE/MAX Community Brokers - CB
Mls Name: CREN
Mls ID: #830742