2854 Blue Spruce DrColorado CityCO81019
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2854 Blue Spruce Dr, Colorado City, CO, 81019 in Colorado City earns a 9.09% gross yield at $143,900. Rent of $1,090/mo nets $251/mo after the $647/mo mortgage. The 1.68 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $39,757 and $1,325/yr in equity accumulation project a total cumulative return of $70,545.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $251 | $300 |
City averages based on Colorado City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,090 |
| Total Monthly Debt Service | $781 |
| DSCR Ratio | 1.39x |
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.
Manufactured
Built in 1995
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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
Manufactured
Built in 1995
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Walker • HomeSmart Preferred Realty
Mls Name: PAR
Mls ID: #234539