11495 Road E #5Olney SpringsCO81062
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Olney Springs rental at 11495 Road E #5, Olney Springs, CO, 81062 sits in the solid-income band: 9.22% gross yield, $1,153/mo rent, $279/mo net after the $674/mo debt service, DSCR 1.71. Entry price of $150,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $41,442 and $1,382/yr in principal reduction bring total cumulative return to $74,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $279 | $500 |
City averages based on Olney Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,153 |
| Total Monthly Debt Service | $814 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1915
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81062, Olney Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 240 (61.9%) |
| Renter Occupied HU | 92 (23.7%) |
| Vacant Housing Units | 56 (14.4%) |
| Median Home Value | $100,000 |
| Average Home Value | $198,177 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
5
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
Single Family
Built in 1915
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81062, Olney Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 240 (61.9%) |
| Renter Occupied HU | 92 (23.7%) |
| Vacant Housing Units | 56 (14.4%) |
| Median Home Value | $100,000 |
| Average Home Value | $198,177 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shirley Cash • Cash Realty LLC
Mls Name: PAR
Mls ID: #236651