24119 Eccles StElbertCO80106
INVESTMENT ANALYSIS
Investment Verdict
Solid Income24119 Eccles St, Elbert, CO, 80106 in Elbert is a solid income-producing rental, 9.24% gross yield, $2,580/mo rent, $628/mo net cash flow on a $335,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $92,554 and $3,085/yr in principal reduction project a total cumulative return of $166,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $628 | $600 |
City averages based on Elbert market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,580 |
| Total Monthly Debt Service | $1,819 |
| DSCR Ratio | 1.42x |
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.
Single Family
Built in 1910
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80106, Elbert, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,835 (100%) |
| Owner Occupied HU | 1,623 (88.4%) |
| Renter Occupied HU | 124 ( 6.8%) |
| Vacant Housing Units | 88 ( 4.8%) |
| Median Home Value | $744,600 |
| Average Home Value | $786,647 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,730
Multi-Family
0
Businesses
46
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 1910
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80106, Elbert, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,835 (100%) |
| Owner Occupied HU | 1,623 (88.4%) |
| Renter Occupied HU | 124 ( 6.8%) |
| Vacant Housing Units | 88 ( 4.8%) |
| Median Home Value | $744,600 |
| Average Home Value | $786,647 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,730
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kellen Harmon • Home Savings Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1216207
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