910 S Main StreetLamarCO81052
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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 910 S Main Street, Lamar, CO, 81052 uses $79,527 cash to close to unlock $3,445/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,685/mo, and a $1,174/mo payment keeps the spread at $287/mo. Purchase price stands at $239,900, and rental yield measures 8.43% with $1,685/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 125.66% and total cumulative return in cash records $99,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,685/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1898
6,969 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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