706 Santa Fe AveLa JuntaCO81050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 1 Bath
- 1046 sft
- 3 Bed
- 2 Bath
- 1056 sft
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 706 Santa Fe Ave, La Junta, CO, 81050 uses $49,394 cash to close to unlock $3,983/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $729/mo payment keeps the spread at $332/mo. Purchase price stands at $149,000, and rental yield measures 9.66% with $1,200/mo rent. Return on cash invested shows 27.97% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 145.58% and total cumulative return in cash records $71,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1905
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 1 Bath
- 1046 sft
- 3 Bed
- 2 Bath
- 1056 sft
Listed by: Chris Sutton • RE/MAX Advantage Realty (2)
Mls Name: PAR
Mls Provider:
Mls ID: #229964
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.