291 Palisade Mountain DrDrakeCO80515
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow291 Palisade Mountain Dr, Drake, CO, 80515 in Drake is a top-tier cash-flow asset. At $429,900 it produces $3,840/mo in rent and $1,331/mo in net monthly income, a 10.72% gross rental yield. The DSCR of 1.99 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $15,967. Five-year appreciation adds $118,773, driving a total cumulative return of $248,220.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.5% |
| Monthly Cash Flow | $1,331 | $1,200 |
City averages based on Drake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $2,334 |
| DSCR Ratio | 1.65x |
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 1998
1.57 Acres lot
$N/A/sqft
No HOA
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 1998
1.57 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices