747 W Pacific Ave #506TellurideCO81435
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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 Telluride at 747 W Pacific Ave #506, Telluride, CO, 81435 generates $4,794/mo in rent, after a $9,779/mo payment. Total monthly income is $4,794/mo. Return on cash invested sits at 7.67% in year one, and rental yield is 2.88% on a $1,998,000 entry. Equity gained on principal adds $12,893/yr, while 5% annual appreciation builds toward $552,011 over five years. Five-year ROI reaches 36.64% and total cumulative return in cash sums $237,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,794/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81435, Telluride, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,762 (100%) |
| Owner Occupied HU | 1,197 (25.1%) |
| Renter Occupied HU | 1,204 (25.3%) |
| Vacant Housing Units | 2,361 (49.6%) |
| Median Home Value | $933,287 |
| Average Home Value | $1,151,117 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
30
Multi-Family
1,261
Businesses
481
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