717 Colorado AveLa 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 717 Colorado Ave, La Junta, CO, 81050 generates $2,808/mo in rent and, after a $587/mo payment, leaves $2,109/mo in cash flow. Total monthly income is $2,808/mo, and annual cash flow is $25,308/yr on $39,780 invested. Return on cash invested sits at 83.53% in year one, and rental yield is 28.08% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 443.49% and total cumulative return in cash sums $176,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,808/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
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
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Listed by: Tracey Martin • REMAX PROPERTIES (2)
Mls Name: PAR
Mls Provider:
Mls ID: #235583
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.