2918 Andersen CircleAlamosaCO81101
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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 Alamosa at 2918 Andersen Circle, Alamosa, CO, 81101 priced at $293,000 converts $2,263/mo rent into $556/mo cash flow after a $1,434/mo obligation. Total monthly income equals $2,263/mo, and annual cash flow totals $6,666/yr on $97,130 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 9.27% against a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation compiles into $80,951 by year five. Five-year ROI reaches 139.19% and total cumulative return in cash sums $135,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,263/mo property income covering a $1,434/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81101, Alamosa, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,896 (100%) |
| Owner Occupied HU | 3,403 (49.3%) |
| Renter Occupied HU | 2,869 (41.6%) |
| Vacant Housing Units | 624 ( 9.0%) |
| Median Home Value | $277,488 |
| Average Home Value | $328,955 |
Housing Distribution
Address Breakdown
Residential
6,645
Single Family
6,572
Multi-Family
73
Businesses
899
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Listed by: Audrey Cowan • Schulz Realty LLC
Mls Name: CREN
Mls Provider:
Mls ID: #823951
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.