521 6th StreetLa JaraCO81140
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
Investment property for sale in La Jara at 521 6th Street, La Jara, CO, 81140 uses $53,040 cash to close to unlock $3,788/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $783/mo payment keeps the spread at $316/mo. Purchase price stands at $160,000, and rental yield measures 9.36% with $1,248/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 140.7% and total cumulative return in cash records $74,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81140, La Jara, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 625 (63.0%) |
| Renter Occupied HU | 212 (21.4%) |
| Vacant Housing Units | 155 (15.6%) |
| Median Home Value | $245,170 |
| Average Home Value | $302,908 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
474
Multi-Family
26
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tate Huffaker • Steffens and Company Realty, Inc
Mls Name: CREN
Mls Provider:
Mls ID: #814390
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.