116 Okie LnSouth forkCO81154
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 116 Okie Ln, South fork, CO, 81154 in South fork: $1,883/mo in rent, $880/mo net, 13.95% gross yield, all on a $162,000 acquisition. The 2.59 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $44,758 in value, and $1,492/yr in principal paydown steadily builds equity. Projected total cumulative return: $118,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 8.0% |
| Monthly Cash Flow | $880 | $1,500 |
City averages based on South fork market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,883 |
| Total Monthly Debt Service | $938 |
| DSCR Ratio | 2.01x |
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 2008
2,613 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81154, South Fork, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 508 (29.7%) |
| Renter Occupied HU | 150 ( 8.8%) |
| Vacant Housing Units | 1,050 (61.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $477,362 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
726
Multi-Family
48
Businesses
114
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 2008
2,613 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81154, South Fork, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 508 (29.7%) |
| Renter Occupied HU | 150 ( 8.8%) |
| Vacant Housing Units | 1,050 (61.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $477,362 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
726
Multi-Family
48
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aundrea Lillard • Lillard Realty Group, LLC
Mls Name: PAR
Mls Provider:
Mls ID: #232918
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.