169 & 181 Lantern Loop Lot 216 & 217HartselCO80449
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 169 & 181 Lantern Loop Lot 216 & 217, Hartsel, CO, 80449 in Hartsel. Priced at $164,000, it generates $2,309/mo in gross rent and $1,233/mo in net monthly cash flow, a 16.89% yield that comfortably supports the 3.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $14,790. Five-year appreciation: $45,310. Equity from principal paydown: $1,510/yr. Total projected cumulative return: $141,837.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.9% | 6.0% |
| Monthly Cash Flow | $1,233 | $200 |
City averages based on Hartsel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,309 |
| Total Monthly Debt Service | $1,011 |
| DSCR Ratio | 2.28x |
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.
Lot
Built in N/A
10,454 sqft lot
$N/A/sqft
$1,446 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80449, Hartsel, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 373 (40.0%) |
| Renter Occupied HU | 38 ( 4.1%) |
| Vacant Housing Units | 521 (55.9%) |
| Median Home Value | $463,043 |
| Average Home Value | $497,956 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
21
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
Lot
Built in N/A
10,454 sqft lot
$N/A/sqft
$1,446 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80449, Hartsel, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 373 (40.0%) |
| Renter Occupied HU | 38 ( 4.1%) |
| Vacant Housing Units | 521 (55.9%) |
| Median Home Value | $463,043 |
| Average Home Value | $497,956 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Wells • PINECONE PROPERTIES LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #8510372
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)