807 Grace AveLa JuntaCO81050
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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 La Junta at 807 Grace Ave, La Junta, CO, 81050 uses $67,958 cash to close to unlock $2,504/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $1,003/mo payment keeps the spread at $209/mo. Purchase price stands at $205,000, and rental yield measures 8.21% with $1,403/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 122.15% and total cumulative return in cash records $83,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1977
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81050, La Junta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,499 (100%) |
| Owner Occupied HU | 2,391 (53.1%) |
| Renter Occupied HU | 1,555 (34.6%) |
| Vacant Housing Units | 553 (12.3%) |
| Median Home Value | $211,613 |
| Average Home Value | $242,029 |
Housing Distribution
Address Breakdown
Residential
4,164
Single Family
4,028
Multi-Family
136
Businesses
509
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