117 La Veta AveAlamosaCO81101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alamosa at 117 La Veta Ave, Alamosa, CO, 81101 priced at $170,889 pairs $1,417/mo rent with $422/mo cash flow after a $836/mo payment. Total monthly income equals $1,417/mo, and annual cash flow comes to $5,058/yr on $56,650 invested. Return on cash invested is 28.84% in year one, and rental yield stands at 9.95% on a $170,889 basis. Equity gained on principal adds $1,103/yr, and 5% annual appreciation accumulates to $47,213 by year five. Five-year ROI measures 150.29% and total cumulative return in cash reaches $85,140. For financing, Ziffy Mortgage’s DSCR program evaluates $1,417/mo property income against a $836/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1938
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81101, Alamosa, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,896 (100%) |
| Owner Occupied HU | 3,403 (49.3%) |
| Renter Occupied HU | 2,869 (41.6%) |
| Vacant Housing Units | 624 ( 9.0%) |
| Median Home Value | $277,488 |
| Average Home Value | $328,955 |
Housing Distribution
Address Breakdown
Residential
6,645
Single Family
6,572
Multi-Family
73
Businesses
899
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices