229 E Union AveLa SalleCO80645
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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 Salle at 229 E Union Ave, La Salle, CO, 80645 generates $3,216/mo in rent and, after a $2,423/mo payment, leaves $331/mo in cash flow. Total monthly income is $3,216/mo, and annual cash flow is $3,972/yr on $164,093 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 7.8% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $189,262. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80645, La Salle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 1,200 (75.8%) |
| Renter Occupied HU | 328 (20.7%) |
| Vacant Housing Units | 56 ( 3.5%) |
| Median Home Value | $533,699 |
| Average Home Value | $607,410 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,560
Multi-Family
0
Businesses
164
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