242 E Blarney Stone RoadHowardCO81233
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 242 E Blarney Stone Road, Howard, CO, 81233 in Howard worth study. Rental yield 4.66%. The 4.66% gross yield is below cash-flow benchmarks at $799,000, but 5% annual appreciation, adding $220,749 over five years, frames this as a capital growth position. Rent of $3,104/mo partially offsets the $3,593/mo payment. Ziffy Mortgage finances appreciation-play properties (0.86 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $201,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.0% |
| Monthly Cash Flow | $(1,552) | $400 |
City averages based on Howard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,104 |
| Total Monthly Debt Service | $4,339 |
| DSCR Ratio | 0.72x |
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 2004
9.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81233, Howard, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 565 (61.2%) |
| Renter Occupied HU | 95 (10.3%) |
| Vacant Housing Units | 263 (28.5%) |
| Median Home Value | $413,182 |
| Average Home Value | $449,973 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
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 2004
9.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81233, Howard, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 565 (61.2%) |
| Renter Occupied HU | 95 (10.3%) |
| Vacant Housing Units | 263 (28.5%) |
| Median Home Value | $413,182 |
| Average Home Value | $449,973 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices