1915 Colorado AveLa JuntaCO81050
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 La Junta at 1915 Colorado Ave, La Junta, CO, 81050 priced at $279,500 converts $1,200/mo rent into after a $1,368/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 5.15% against a $279,500 entry. Equity gained on principal adds $1,804/yr, while 5% annual appreciation compiles into $77,221 by year five. Five-year ROI reaches 72.61% and total cumulative return in cash sums $67,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,368/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81050, La Junta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,499 (100%) |
| Owner Occupied HU | 2,391 (53.1%) |
| Renter Occupied HU | 1,555 (34.6%) |
| Vacant Housing Units | 553 (12.3%) |
| Median Home Value | $211,613 |
| Average Home Value | $242,029 |
Housing Distribution
Address Breakdown
Residential
4,164
Single Family
4,028
Multi-Family
136
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Brann • RE/MAX Advantage Realty (2)
Mls Name: PAR
Mls Provider:
Mls ID: #228841
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.