777 Buttress AvenuePagosa SpringsCO81147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pagosa Springs at 777 Buttress Avenue, Pagosa Springs, CO, 81147 offers $4,302/mo rent that, after a $4,831/mo payment. Total monthly income is $4,302/mo. Return on cash invested measures 14.7% in year one, and rental yield stands at 5.23% at a $987,050 entry. Equity gained on principal adds $6,369/yr while 5% annual appreciation compounds into $272,704 by year five. Five-year ROI records 74.4% and total cumulative return in cash reaches $241,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,302/mo property income versus a $4,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Leland Riley • Jann C Pitcher Real Estate
Mls Name: CREN
Mls ID: #828797