113 E Virginia StLa VetaCO81055
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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 Veta at 113 E Virginia St, La Veta, CO, 81055 priced at $349,000 converts $1,928/mo rent into after a $1,708/mo obligation. Total monthly income equals $1,928/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 6.63% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 96.5% and total cumulative return in cash sums $111,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,928/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1917
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81055, La Veta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,555 (100%) |
| Owner Occupied HU | 594 (38.2%) |
| Renter Occupied HU | 184 (11.8%) |
| Vacant Housing Units | 777 (50.0%) |
| Median Home Value | $487,313 |
| Average Home Value | $654,802 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
96
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