605 E 8th 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
Investment property for sale in La Junta at 605 E 8th St, La Junta, CO, 81050 listed at $148,000 pairs $1,127/mo rent with a $724/mo payment to leave $265/mo cash flow. Total monthly income runs $1,127/mo, and annual cash flow reaches $3,178/yr on $49,062 cash to close. Return on cash invested measures 26.39% in year one, and rental yield registers 9.14% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 137.1% and total cumulative return in cash totals $67,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,127/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
0.39 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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Listed by: Brian Hancock • The Hancock Group
Mls Name: PAR
Mls Provider:
Mls ID: #232223
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.