17038 Lamar DriveParkerCO80134
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 17038 Lamar Drive, Parker, CO, 80134 in Parker, $637,500, 7.33% gross yield, $61/mo net income. Consider it a market-entry position, the $3,406/mo rent covers the $2,867/mo payment with a margin, and 5%/yr appreciation is projected to add $176,130 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.19) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $213,586.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 3.2% |
| Monthly Cash Flow | $61 | $1,200 |
City averages based on Parker market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,406 |
| Total Monthly Debt Service | $3,582 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1990
5,097 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80134, Parker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,753 (100%) |
| Owner Occupied HU | 25,369 (75.2%) |
| Renter Occupied HU | 6,922 (20.5%) |
| Vacant Housing Units | 1,462 ( 4.3%) |
| Median Home Value | $680,411 |
| Average Home Value | $755,101 |
Housing Distribution
Address Breakdown
Residential
31,394
Single Family
25,796
Multi-Family
5,598
Businesses
1,930
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 1990
5,097 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80134, Parker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,753 (100%) |
| Owner Occupied HU | 25,369 (75.2%) |
| Renter Occupied HU | 6,922 (20.5%) |
| Vacant Housing Units | 1,462 ( 4.3%) |
| Median Home Value | $680,411 |
| Average Home Value | $755,101 |
Housing Distribution
Address Breakdown
Residential
31,394
Single Family
25,796
Multi-Family
5,598
Businesses
1,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Bingham • MB Bingham & Co
Mls Name: REcolorado
Mls Provider:
Mls ID: #1633208
Disclaimer: 2025 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](/mls-disclaimers/#17059)