56607 E 23rd AvenueStrasburgCO80136
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 56607 E 23rd Avenue, Strasburg, CO, 80136 in Strasburg, $522,000, 7.33% gross yield, $89/mo net income. Consider it a market-entry position, the $3,187/mo rent covers the $2,347/mo payment with a margin, and 5%/yr appreciation is projected to add $144,219 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.36) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $203,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.0% |
| Monthly Cash Flow | $89 | $300 |
City averages based on Strasburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,187 |
| Total Monthly Debt Service | $2,891 |
| DSCR Ratio | 1.10x |
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 2017
7,272 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80136, Strasburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,046 (85.1%) |
| Renter Occupied HU | 256 (10.6%) |
| Vacant Housing Units | 102 ( 4.2%) |
| Median Home Value | $613,033 |
| Average Home Value | $639,950 |
Housing Distribution
Address Breakdown
Residential
2,226
Single Family
2,195
Multi-Family
31
Businesses
128
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 2017
7,272 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80136, Strasburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,046 (85.1%) |
| Renter Occupied HU | 256 (10.6%) |
| Vacant Housing Units | 102 ( 4.2%) |
| Median Home Value | $613,033 |
| Average Home Value | $639,950 |
Housing Distribution
Address Breakdown
Residential
2,226
Single Family
2,195
Multi-Family
31
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Blum • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #3501085
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)