Lots 1,2,&3 Balboa RoadSan LuisCO81152
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
Rental property for sale in San Luis at Lots 1,2,&3 Balboa Road, San Luis, CO, 81152 offers $802/mo rent that, after a $489/mo payment, leaves $220/mo cash flow. Total monthly income is $802/mo, and annual cash flow is $2,636/yr on $33,150 cash. Return on cash invested measures 27.86% in year one, and rental yield stands at 9.62% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 145.03% and total cumulative return in cash reaches $48,076. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $802/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81152, San Luis, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,004 (100%) |
| Owner Occupied HU | 533 (53.1%) |
| Renter Occupied HU | 198 (19.7%) |
| Vacant Housing Units | 273 (27.2%) |
| Median Home Value | $169,551 |
| Average Home Value | $246,280 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Torrez • Brackendale Realty Llc
Mls Name: REcolorado
Mls Provider:
Mls ID: #7805974
Disclaimer: 2025 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)