1035 Spanish Peaks DrWalsenburgCO81089
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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 Walsenburg at 1035 Spanish Peaks Dr, Walsenburg, CO, 81089 offers a 9.39% rental yield on a $500,000 purchase with $3,911/mo rent. Total monthly income registers $3,911/mo, and a $2,447/mo payment leaves $997/mo available for distribution. Annual cash flow reaches $11,968/yr on $165,750 to close, and return on cash invested stands at 27.13% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 141.1% and total cumulative return in cash at $233,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,911/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
35.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81089, Walsenburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 1,511 (54.9%) |
| Renter Occupied HU | 716 (26.0%) |
| Vacant Housing Units | 524 (19.0%) |
| Median Home Value | $297,263 |
| Average Home Value | $373,240 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
2,078
Multi-Family
0
Businesses
253
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Listed by: Mark Ditkof • Keller Williams Performance Realty
Mls Name: Spanish Peaks BOR
Mls ID: #25-1212