216 Gilpin StLa 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
Rental property for sale in La Junta at 216 Gilpin St, La Junta, CO, 81050 generates $895/mo in rent and, after a $563/mo payment, leaves $225/mo in cash flow. Total monthly income is $895/mo, and annual cash flow is $2,696/yr on $38,123 invested. Return on cash invested sits at 26.98% in year one, and rental yield is 9.34% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 140.32% and total cumulative return in cash sums $53,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $895/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
0.69 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
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