420 Ellsworth Street #6Grand LakeCO80447
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 420 Ellsworth Street #6, Grand Lake, CO, 80447 in Grand Lake at $825,000, 3.99% gross yield, is a market-growth asset. Rental yield 3.99%. The $2,746/mo rent partially funds the $3,710/mo debt service; the core return is the 5%/yr price growth projected to add $227,932 over five years. Ziffy Mortgage's DSCR mortgage (0.74) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $136,820.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 8.0% |
| Monthly Cash Flow | $(2,762) | $1,500 |
City averages based on Grand Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,746 |
| Total Monthly Debt Service | $5,180 |
| DSCR Ratio | 0.53x |
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 1985
N/A lot
$N/A/sqft
$2,100 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
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 1985
N/A lot
$N/A/sqft
$2,100 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Valentine • Keller Williams DTC
Mls Name: REcolorado
Mls Provider:
Mls ID: #9264759
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)