98 Highland AvePagosa SpringsCO81147
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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 Pagosa Springs at 98 Highland Ave, Pagosa Springs, CO, 81147 uses $107,738 cash to close to unlock $6,308/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $2,420/mo, and a $1,591/mo payment keeps the spread at $526/mo. Purchase price stands at $325,000, and rental yield measures 8.94% with $2,420/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash records $144,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,420/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Laura Daniels • Team Pagosa Realty Group
Mls Name: CREN
Mls Provider:
Mls ID: #814446
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.