804 Cactus DrLamarCO81052
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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 804 Cactus Dr, Lamar, CO, 81052 listed at $230,000 pairs $1,620/mo rent with a $1,126/mo payment to leave $279/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $3,352/yr on $76,245 cash to close. Return on cash invested measures 24.31% in year one, and rental yield registers 8.45% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 125.98% and total cumulative return in cash totals $96,055. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
6,708 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: Sharon Wilson • Wilson Realty
Mls Name: PAR
Mls Provider:
Mls ID: #229116
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.