104 Joe S. Chavez DriveLa JaraCO81140
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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
Rental property for sale in La Jara at 104 Joe S. Chavez Drive, La Jara, CO, 81140 generates $2,194/mo in rent and, after a $744/mo payment, leaves $1,239/mo in cash flow. Total monthly income is $2,194/mo, and annual cash flow is $14,866/yr on $50,388 invested. Return on cash invested sits at 49.41% in year one, and rental yield is 17.32% on a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 261.2% and total cumulative return in cash sums $131,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81140, La Jara, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 625 (63.0%) |
| Renter Occupied HU | 212 (21.4%) |
| Vacant Housing Units | 155 (15.6%) |
| Median Home Value | $245,170 |
| Average Home Value | $302,908 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
474
Multi-Family
26
Businesses
74
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Listed by: Janet Frederick • RE/MAX Professionals
Mls Name: REcolorado
Mls Provider:
Mls ID: #8031853
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