423 11th StreetAlamosaCO81101
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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 Alamosa at 423 11th Street, Alamosa, CO, 81101 uses $62,985 cash to close to unlock $9,668/yr annual cash flow and $806/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $930/mo payment keeps the spread at $806/mo. Purchase price stands at $190,000, and rental yield measures 12.08% with $1,913/mo rent. Return on cash invested shows 35.26% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 184.69% and total cumulative return in cash records $116,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1896
0.25 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: Preston Porter • Porter Realty, Inc.
Mls Name: CREN
Mls Provider:
Mls ID: #825531
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.