718 Berkeley AveAlamosaCO81101
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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 718 Berkeley Ave, Alamosa, CO, 81101 uses $102,434 cash to close to unlock $859/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,512/mo payment keeps the spread at $72/mo. Purchase price stands at $309,000, and rental yield measures 7.27% with $1,872/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash records $109,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.31 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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