23 Cuchara Ave ELa VetaCO81055
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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 Veta at 23 Cuchara Ave E, La Veta, CO, 81055 offers $3,620/mo rent that, after a $2,912/mo payment, leaves $153/mo cash flow. Total monthly income is $3,620/mo, and annual cash flow is $1,832/yr on $195,755 cash. Return on cash invested measures 21% in year one, and rental yield stands at 7.3% at a $595,000 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,388 by year five. Five-year ROI records 108.17% and total cumulative return in cash reaches $211,742. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,620/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81055, La Veta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,555 (100%) |
| Owner Occupied HU | 594 (38.2%) |
| Renter Occupied HU | 184 (11.8%) |
| Vacant Housing Units | 777 (50.0%) |
| Median Home Value | $487,313 |
| Average Home Value | $654,802 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
96
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Listed by: Jacqueline Christian • Capture Colorado Mtn. Properties. LLC
Mls Name: PAR
Mls Provider:
Mls ID: #227864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.