Lot 4 Canyon RoadLa JaraCO81140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jara at Lot 4 Canyon Road, La Jara, CO, 81140 offers a 16.02% rental yield on a $125,000 purchase with $1,669/mo rent. Total monthly income registers $1,669/mo, and a $612/mo payment leaves $922/mo available for distribution. Annual cash flow reaches $11,059/yr on $41,438 to close, and return on cash invested stands at 46.6% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 245.7% and total cumulative return in cash at $101,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,669/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
3.44 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81140, La Jara, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 625 (63.0%) |
| Renter Occupied HU | 212 (21.4%) |
| Vacant Housing Units | 155 (15.6%) |
| Median Home Value | $245,170 |
| Average Home Value | $302,908 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
474
Multi-Family
26
Businesses
74
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Listed by: Lisa Day • Werner Realty, Inc.
Mls Name: REcolorado
Mls Provider:
Mls ID: #7132111
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)