805 Pinon DrBasaltCO81621
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 Basalt at 805 Pinon Dr, Basalt, CO, 81621 priced at $1,475,000 pairs $5,000/mo rent with after a $7,219/mo payment. Total monthly income equals $5,000/mo. Return on cash invested is 11.34% in year one, and rental yield stands at 4.07% on a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and 5% annual appreciation accumulates to $407,515 by year five. Five-year ROI measures 56.32% and total cumulative return in cash reaches $269,146. For financing, Ziffy Mortgage’s DSCR program evaluates $5,000/mo property income against a $7,219/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1990
3.40 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices