8 Reese CirLamarCO81052
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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 Lamar at 8 Reese Cir, Lamar, CO, 81052 offers a 13.16% rental yield on a $165,000 purchase with $1,810/mo rent. Total monthly income registers $1,810/mo, and a $808/mo payment leaves $848/mo available for distribution. Annual cash flow reaches $10,176/yr on $54,698 to close, and return on cash invested stands at 38.51% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 202.12% and total cumulative return in cash at $110,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,810/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81052, Lamar, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,156 (100%) |
| Owner Occupied HU | 2,329 (56.0%) |
| Renter Occupied HU | 1,340 (32.2%) |
| Vacant Housing Units | 487 (11.7%) |
| Median Home Value | $176,410 |
| Average Home Value | $231,651 |
Housing Distribution
Address Breakdown
Residential
3,760
Single Family
3,579
Multi-Family
181
Businesses
529
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Listed by: Ginger Coberley • Coberley Realty
Mls Name: PAR
Mls Provider:
Mls ID: #234305
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.