802 Main StWalsenburgCO81089
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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 Walsenburg at 802 Main St, Walsenburg, CO, 81089 with 5% annual appreciation on a $280,000 basis while $1,500/mo rent supports operations. 21% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 6.43%. Five-year ROI measures 93.26% and total cumulative return in cash totals $86,565. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,500/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81089, Walsenburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 1,511 (54.9%) |
| Renter Occupied HU | 716 (26.0%) |
| Vacant Housing Units | 524 (19.0%) |
| Median Home Value | $297,263 |
| Average Home Value | $373,240 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
2,078
Multi-Family
0
Businesses
253
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Listed by: Lori E. Cordova • Bachman & Associates
Mls Name: Spanish Peaks BOR
Mls ID: #25-233
Disclaimer: Copyright Spanish Peaks MLS. All rights reserved. Information is deemed reliable but not guaranteed.