208 Lewis AveLa JuntaCO81050
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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 Junta at 208 Lewis Ave, La Junta, CO, 81050 listed at $128,000 pairs $983/mo rent with a $627/mo payment to leave $238/mo cash flow. Total monthly income runs $983/mo, and annual cash flow reaches $2,850/yr on $42,432 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 9.22% at a $128,000 basis. Equity gained on principal adds $826/yr, and annual property appreciation at 5% supports $35,364 by year five. Five-year ROI tracks 138.43% and total cumulative return in cash totals $58,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $983/mo property income relative to a $627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
6,969 sqft 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
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Listed by: Angela Ayala • RE/MAX Advantage Realty (2)
Mls Name: PAR
Mls Provider:
Mls ID: #231400
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