805 Pinon Dr APT 4BasaltCO81621
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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 805 Pinon Dr APT 4, Basalt, CO, 81621 offers a 5.41% rental yield on a $1,475,000 purchase with $6,647/mo rent. 47% in year one. Equity gained on principal adds $9,518/yr while 5% annual appreciation supports $407,515 over five years. Portfolio math shows five-year ROI at 68.46% and total cumulative return in cash at $327,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,647/mo property income against a $7,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$799 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: Susan Stone-Chen • SSC & Company llc
Mls Name: AGSMLS
Mls ID: #190676
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.