1656 Pikes Peak PlaceAlamosaCO81101
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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 Alamosa at 1656 Pikes Peak Place, Alamosa, CO, 81101 offers a 8.14% rental yield on a $359,000 purchase with $2,436/mo rent. Total monthly income registers $2,436/mo, and a $1,757/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,127/yr on $119,009 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 120.96% and total cumulative return in cash at $143,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,436/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
10,454 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
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