413 N Main StLa JuntaCO81050
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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 Junta at 413 N Main St, La Junta, CO, 81050 priced at $108,000 converts $827/mo rent into $197/mo cash flow after a $529/mo obligation. Total monthly income equals $827/mo, and annual cash flow totals $2,366/yr on $35,802 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 9.19% against a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation compiles into $29,838 by year five. Five-year ROI reaches 137.95% and total cumulative return in cash sums $49,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $827/mo property income covering a $529/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81050, La Junta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,499 (100%) |
| Owner Occupied HU | 2,391 (53.1%) |
| Renter Occupied HU | 1,555 (34.6%) |
| Vacant Housing Units | 553 (12.3%) |
| Median Home Value | $211,613 |
| Average Home Value | $242,029 |
Housing Distribution
Address Breakdown
Residential
4,164
Single Family
4,028
Multi-Family
136
Businesses
509
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