243 Elm AveLas AnimasCO81054
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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
Investment property for sale in Las Animas at 243 Elm Ave, Las Animas, CO, 81054 with 5% annual appreciation on a $126,000 basis while $975/mo rent supports operations. Total monthly income totals $975/mo and a $617/mo payment preserves $240/mo for cash returns. Annual cash flow comes to $2,885/yr on $41,769 deployed, and return on cash invested reaches 26.82% in year one. Equity gained on principal adds $813/yr, and five-year appreciation sums $34,811 alongside rental yield of 9.29%. Five-year ROI measures 139.47% and total cumulative return in cash totals $58,255.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $975/mo property income versus a $617/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1898
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81054, Las Animas, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 892 (50.7%) |
| Renter Occupied HU | 580 (33.0%) |
| Vacant Housing Units | 286 (16.3%) |
| Median Home Value | $112,195 |
| Average Home Value | $278,234 |
Housing Distribution
Address Breakdown
Residential
1,400
Single Family
1,370
Multi-Family
30
Businesses
106
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Listed by: Dottie Kraska • Diamond Realty
Mls Name: PAR
Mls ID: #234552