851 Broad StSteamboat SpringsCO80487
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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 Steamboat Springs at 851 Broad St, Steamboat Springs, CO, 80487 with 5% annual appreciation on a $1,049,000 basis while $5,652/mo rent supports operations. 74% in year one. Equity gained on principal adds $6,769/yr, and five-year appreciation sums $289,819 alongside rental yield of 6.47%. Five-year ROI measures 96% and total cumulative return in cash totals $326,272. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,652/mo property income versus a $5,134/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
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Listed by: Bart Kounovsky • The Commercial Property Group
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #SS1657735
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