3601 Ponderosa Ct UNIT 2EvansCO80620
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3601 Ponderosa Ct UNIT 2, Evans, CO, 80620 in Evans speaks for itself: 17.75% gross on a $136,486 price, generating $2,018/mo in rent and $1,048/mo in net income after the $614/mo debt service. DSCR 3.29, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,576 stacks alongside $37,709 in projected five-year appreciation and $1,257/yr in principal reduction. Projected total cumulative return: $119,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.8% | 5.5% |
| Monthly Cash Flow | $1,048 | $250 |
City averages based on Evans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,018 |
| Total Monthly Debt Service | $916 |
| DSCR Ratio | 2.20x |
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.
Condo
Built in 2006
998 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
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 2006
998 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices