735 First StreetAlamosaCO81101
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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 Alamosa at 735 First Street, Alamosa, CO, 81101 priced at $299,000 converts $2,087/mo rent into $345/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,087/mo, and annual cash flow totals $4,139/yr on $99,119 invested. Return on cash invested prints 24.08% in year one, and rental yield reads 8.38% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 124.76% and total cumulative return in cash sums $123,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,087/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1906
8,537 sqft 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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