1202 Vine StGilcrestCO80623
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1202 Vine St, Gilcrest, CO, 80623 in Gilcrest is a solid income-producing rental, 7.84% gross yield, $2,384/mo rent, $257/mo net cash flow on a $365,000 buy. DSCR 1.45 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $100,843 and $3,362/yr in principal reduction project a total cumulative return of $154,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.0% |
| Monthly Cash Flow | $257 | $1,500 |
City averages based on Gilcrest market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,384 |
| Total Monthly Debt Service | $1,982 |
| DSCR Ratio | 1.20x |
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 1976
8,849 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80623, Gilcrest, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 235 (71.6%) |
| Renter Occupied HU | 78 (23.8%) |
| Vacant Housing Units | 15 ( 4.6%) |
| Median Home Value | $503,261 |
| Average Home Value | $494,713 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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 1976
8,849 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80623, Gilcrest, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 235 (71.6%) |
| Renter Occupied HU | 78 (23.8%) |
| Vacant Housing Units | 15 ( 4.6%) |
| Median Home Value | $503,261 |
| Average Home Value | $494,713 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices