902 Cascade St, La Veta, CO, 81055 | 6.23% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,932/mo, and a $2,765/mo payment. Purchase price stands at $565,000, and rental yield measures 6.23% with $2,932/mo rent. Return on cash invested shows 17.73% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 90.68% and total cumulative return in cash records $168,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,932/mo property income covering a $2,765/mo payment rather than investor’s personal income.

Single Family

Built in 1996

0.65 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 81055, La Veta, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,555 (100%)
Owner Occupied HU	594 (38.2%)
Renter Occupied HU	184 (11.8%)
Vacant Housing Units	777 (50.0%)
Median Home Value	$487,313
Average Home Value	$654,802