1583 County Road 12FlorissantCO80816
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1583 County Road 12, Florissant, CO, 80816 in Florissant is narrow, $88/mo net on $1,440/mo rent after the $1,100/mo debt service, but the property operates at break-even-plus, not a loss. At $232,000 with a 7.45% yield, the long-run equity case via 5% appreciation ($64,097 over five years) and $1,945/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.31 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $88,918.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.5% |
| Monthly Cash Flow | $88 | $200 |
City averages based on Florissant market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,316 |
| DSCR Ratio | 1.09x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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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
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Listed by: N/A • N/A
Mls Name: elevateMLS
Mls Provider:
Mls ID: #6473632
