209 N 13th StLamarCO81052
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
Investment property for sale in Lamar at 209 N 13th St, Lamar, CO, 81052 listed at $243,500 pairs $1,620/mo rent with a $1,192/mo payment to leave $201/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $2,409/yr on $80,720 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 7.98% at a $243,500 basis. Equity gained on principal adds $1,571/yr, and annual property appreciation at 5% supports $67,275 by year five. Five-year ROI tracks 118.38% and total cumulative return in cash totals $95,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,192/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
1.23 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices