8659 S Hwy 550 #53DurangoCO81303
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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 Durango at 8659 S Hwy 550 #53, Durango, CO, 81303 offers a 9.22% rental yield on a $139,900 purchase with $1,075/mo rent. Total monthly income registers $1,075/mo, and a $685/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,113/yr on $46,377 to close, and return on cash invested stands at 26.62% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 138.46% and total cumulative return in cash at $64,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,075/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81303, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 2,521 (61.8%) |
| Renter Occupied HU | 1,152 (28.2%) |
| Vacant Housing Units | 405 ( 9.9%) |
| Median Home Value | $636,118 |
| Average Home Value | $675,172 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,360
Multi-Family
224
Businesses
387
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Listed by: Crystal Guthrie • eXp Realty, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #825841
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.