2231 Terrace DrLamarCO81052
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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
Total monthly income runs $1,320/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 3.82% with $1,320/mo rent. Return on cash invested shows 10.33% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 51% and total cumulative return in cash records $70,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Manufactured
Built in 2011
0.45 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
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