216 Indiana AveWalsenburgCO81089
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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 Walsenburg at 216 Indiana Ave, Walsenburg, CO, 81089 priced at $179,900 pairs $1,387/mo rent with $338/mo cash flow after a $881/mo payment. Total monthly income equals $1,387/mo, and annual cash flow comes to $4,057/yr on $59,637 invested. Return on cash invested is 26.71% in year one, and rental yield stands at 9.25% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 138.96% and total cumulative return in cash reaches $82,869. For financing, Ziffy Mortgage’s DSCR program evaluates $1,387/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1903
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81089, Walsenburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 1,511 (54.9%) |
| Renter Occupied HU | 716 (26.0%) |
| Vacant Housing Units | 524 (19.0%) |
| Median Home Value | $297,263 |
| Average Home Value | $373,240 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
2,078
Multi-Family
0
Businesses
253
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Listed by: Alan Paul • APRE LLC
Mls Name: PAR
Mls ID: #235481