23966 County Road 13La JaraCO81140
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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 Jara at 23966 County Road 13, La Jara, CO, 81140 generates $2,593/mo in rent and, after a $2,080/mo payment, leaves $116/mo in cash flow. Total monthly income is $2,593/mo, and annual cash flow is $1,396/yr on $140,888 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 7.32% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.71% and total cumulative return in cash sums $151,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,593/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81140, La Jara, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 625 (63.0%) |
| Renter Occupied HU | 212 (21.4%) |
| Vacant Housing Units | 155 (15.6%) |
| Median Home Value | $245,170 |
| Average Home Value | $302,908 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
474
Multi-Family
26
Businesses
74
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Listed by: Tate Huffaker • Steffens and Company Realty, Inc
Mls Name: CREN
Mls Provider:
Mls ID: #819257
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.