1555 Shadow Run Ct #D208Steamboat SpringsCO80487
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1555 Shadow Run Ct #D208, Steamboat Springs, CO, 80487 in Steamboat Springs is a solid income-producing rental, 7.95% gross yield, $3,810/mo rent, $459/mo net cash flow on a $575,000 buy. DSCR 1.47 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $158,862 and $5,296/yr in principal reduction project a total cumulative return of $246,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $459 | $1,500 |
City averages based on Steamboat Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,810 |
| Total Monthly Debt Service | $3,122 |
| DSCR Ratio | 1.22x |
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.
Condo
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
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
Condo
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shattuck Kelly Team • The Steamboat Group
Mls Name: Altitude Realtors
Mls ID: #S1062193