1420 Panadero Ave UNIT 37La 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
Investment property for sale in La Veta at 1420 Panadero Ave UNIT 37, La Veta, CO, 81055 uses $59,339 cash to close to unlock $4,751/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $876/mo payment keeps the spread at $396/mo. Purchase price stands at $179,000, and rental yield measures 9.65% with $1,439/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash records $86,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3,484 sqft 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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