31270 John Wallace Road Unit 212EvergreenCO80439
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 31270 John Wallace Road Unit 212, Evergreen, CO, 80439 in Evergreen achieves a 1.62 ratio at $270,000: $1,966/mo rent versus $1,214/mo debt service. Rental yield 8.74%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.74% yield compounds alongside 5% annual appreciation projecting $74,596 in value. Total projected cumulative return: $94,997.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $(145) | $1,500 |
City averages based on Evergreen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,966 |
| Total Monthly Debt Service | $2,003 |
| DSCR Ratio | 0.98x |
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.
Condo
Built in 1982
N/A lot
$N/A/sqft
$537 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80439, Evergreen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,978 (100%) |
| Owner Occupied HU | 8,480 (77.2%) |
| Renter Occupied HU | 1,537 (14.0%) |
| Vacant Housing Units | 961 ( 8.8%) |
| Median Home Value | $929,302 |
| Average Home Value | $1,030,742 |
Housing Distribution
Address Breakdown
Residential
10,301
Single Family
10,009
Multi-Family
292
Businesses
795
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
Condo
Built in 1982
N/A lot
$N/A/sqft
$537 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80439, Evergreen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,978 (100%) |
| Owner Occupied HU | 8,480 (77.2%) |
| Renter Occupied HU | 1,537 (14.0%) |
| Vacant Housing Units | 961 ( 8.8%) |
| Median Home Value | $929,302 |
| Average Home Value | $1,030,742 |
Housing Distribution
Address Breakdown
Residential
10,301
Single Family
10,009
Multi-Family
292
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices