1602 W 6th StLas AnimasCO81054
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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 Las Animas at 1602 W 6th St, Las Animas, CO, 81054 generates $1,535/mo in rent and, after a $827/mo payment, leaves $550/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $6,603/yr on $56,024 invested. Return on cash invested sits at 31.7% in year one, and rental yield is 10.9% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 165.63% and total cumulative return in cash sums $92,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81054, Las Animas, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 892 (50.7%) |
| Renter Occupied HU | 580 (33.0%) |
| Vacant Housing Units | 286 (16.3%) |
| Median Home Value | $112,195 |
| Average Home Value | $278,234 |
Housing Distribution
Address Breakdown
Residential
1,400
Single Family
1,370
Multi-Family
30
Businesses
106
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