204 S 12th 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 204 S 12th St, Lamar, CO, 81052 uses $59,670 cash to close to unlock $3,252/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $881/mo payment keeps the spread at $271/mo. Purchase price stands at $180,000, and rental yield measures 8.8% with $1,320/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 131.59% and total cumulative return in cash records $78,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1982
7,013 sqft 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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