309 E Union AvenueLa SalleCO80645
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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 La Salle at 309 E Union Avenue, La Salle, CO, 80645 offers a 8.76% rental yield on a $389,995 purchase with $2,846/mo rent. Total monthly income registers $2,846/mo, and a $1,909/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,876/yr on $129,283 to close, and return on cash invested stands at 25.23% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,748 over five years. Portfolio math shows five-year ROI at 130.88% and total cumulative return in cash at $169,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,846/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80645, La Salle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 1,200 (75.8%) |
| Renter Occupied HU | 328 (20.7%) |
| Vacant Housing Units | 56 ( 3.5%) |
| Median Home Value | $533,699 |
| Average Home Value | $607,410 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,560
Multi-Family
0
Businesses
164
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Listed by: Andrew Christian • LoKation
Mls Name: REcolorado
Mls Provider:
Mls ID: #2000233
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