1815 Spaulding CircleSuperiorCO80027
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1815 Spaulding Circle, Superior, CO, 80027 in Superior earns a respectable 7.36% gross yield at $355,000, but after the $1,596/mo mortgage the net cash flow is $109/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.36) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $98,080 over five years, making equity the dominant return driver. Total projected return: $141,101.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $109 | $1,200 |
City averages based on Superior market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,178 |
| Total Monthly Debt Service | $1,928 |
| DSCR Ratio | 1.13x |
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices