8 Bassick LnWestcliffeCO81252
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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 Westcliffe at 8 Bassick Ln, Westcliffe, CO, 81252 uses $125,970 cash to close to unlock $5,020/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $2,633/mo, and a $1,860/mo payment keeps the spread at $418/mo. Purchase price stands at $380,000, and rental yield measures 8.31% with $2,633/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 123.75% and total cumulative return in cash records $155,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,633/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81252, Westcliffe, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,144 (100%) |
| Owner Occupied HU | 1,843 (44.5%) |
| Renter Occupied HU | 422 (10.2%) |
| Vacant Housing Units | 1,879 (45.3%) |
| Median Home Value | $463,447 |
| Average Home Value | $598,626 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,232
Multi-Family
28
Businesses
281
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Listed by: Keely Smith • Custer County Realty, Inc.
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #6734409
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