396 Mohawk HeightsFlorissantCO80816
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 396 Mohawk Heights, Florissant, CO, 80816 in Florissant. Rental yield 3.18%. At $819,000 with 3.18% gross yield, current distributions are modest, but the 5% appreciation rate projects $226,275 in new equity by year five, complemented by $7,543/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.59) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $141,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.5% |
| Monthly Cash Flow | $(2,602) | $200 |
City averages based on Florissant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,171 |
| Total Monthly Debt Service | $4,447 |
| DSCR Ratio | 0.49x |
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 2008
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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 2008
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Monroe-Gregg • Realty One Group Premier
Mls Name: REcolorado
Mls Provider:
Mls ID: #6615974
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)