291 Junkins LoopWestcliffeCO81252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westcliffe at 291 Junkins Loop, Westcliffe, CO, 81252 offers $1,574/mo rent that, after a $2,100/mo payment. Total monthly income is $1,574/mo. Return on cash invested measures 12.09% in year one, and rental yield stands at 4.4% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 60.45% and total cumulative return in cash reaches $85,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,574/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81252, Westcliffe, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,144 (100%) |
| Owner Occupied HU | 1,843 (44.5%) |
| Renter Occupied HU | 422 (10.2%) |
| Vacant Housing Units | 1,879 (45.3%) |
| Median Home Value | $463,447 |
| Average Home Value | $598,626 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,232
Multi-Family
28
Businesses
281
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Listed by: Machelle M. Williams • Homesmart Preferred Realty
Mls Name: Royal Gorge AOR
Mls ID: #3615770