81 Gillaspey AvenueCrested ButteCO81224
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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 Crested Butte at 81 Gillaspey Avenue, Crested Butte, CO, 81224 earns from $5,148/mo rent with a $7,831/mo payment. Total monthly income totals $5,148/mo. ROI tracks 10.7% on current figures, and rental yield reads 3.86% at a $1,600,000 purchase. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 over five years. Five-year ROI reaches 52.89% and total cumulative return in cash sums $274,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,148/mo property income instead of your personal income.
Condo
Built in 1998
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81224, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,236 (40.1%) |
| Renter Occupied HU | 599 (19.4%) |
| Vacant Housing Units | 1,250 (40.5%) |
| Median Home Value | $866,728 |
| Average Home Value | $1,049,937 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
351
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Listed by: Betsy Wiebe • LIV Sotheby's International Realty - CB
Mls Name: CREN
Mls ID: #828669