1901 Armitage Springs RoadPowderhornCO81243
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1901 Armitage Springs Road, Powderhorn, CO, 81243 in Powderhorn worth study. Rental yield 4.48%. The 4.48% gross yield is below cash-flow benchmarks at $539,900, but 5% annual appreciation, adding $149,164 over five years, frames this as a capital growth position. Rent of $2,016/mo partially offsets the $2,428/mo payment. Ziffy Mortgage finances appreciation-play properties (0.83 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $131,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.5% |
| Monthly Cash Flow | $(1,130) | $1,500 |
City averages based on Powderhorn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,016 |
| Total Monthly Debt Service | $2,932 |
| DSCR Ratio | 0.69x |
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 2003
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81243, Powderhorn, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 30 (16.9%) |
| Renter Occupied HU | 8 ( 4.5%) |
| Vacant Housing Units | 140 (78.7%) |
| Median Home Value | $687,500 |
| Average Home Value | $853,333 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
4
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 2003
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81243, Powderhorn, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 30 (16.9%) |
| Renter Occupied HU | 8 ( 4.5%) |
| Vacant Housing Units | 140 (78.7%) |
| Median Home Value | $687,500 |
| Average Home Value | $853,333 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colleen Aller • Keller Williams Realty Southwest Associates, LLC - Montrose
Mls Name: CREN
Mls ID: #823709