1409 S 14th StLamarCO81052
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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 Lamar at 1409 S 14th St, Lamar, CO, 81052 offers a 8.19% rental yield on a $237,500 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $1,162/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,836/yr on $78,731 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $1,533/yr while 5% annual appreciation supports $65,617 over five years. Portfolio math shows five-year ROI at 121.72% and total cumulative return in cash at $95,829. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81052, Lamar, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,156 (100%) |
| Owner Occupied HU | 2,329 (56.0%) |
| Renter Occupied HU | 1,340 (32.2%) |
| Vacant Housing Units | 487 (11.7%) |
| Median Home Value | $176,410 |
| Average Home Value | $231,651 |
Housing Distribution
Address Breakdown
Residential
3,760
Single Family
3,579
Multi-Family
181
Businesses
529
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