585 Mills Ranch RdWoodland ParkCO80863
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play585 Mills Ranch Rd, Woodland Park, CO, 80863 in Woodland Park is priced for appreciation, not yield. Rental yield 4.74%. At $850,000 with a 4.74% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $234,839 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.88) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $218,434.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(1,594) | $300 |
City averages based on Woodland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $4,615 |
| DSCR Ratio | 0.73x |
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.
Manufactured
Built in 1994
10.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80863, Woodland Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,407 (100%) |
| Owner Occupied HU | 4,276 (66.7%) |
| Renter Occupied HU | 1,337 (20.9%) |
| Vacant Housing Units | 794 (12.4%) |
| Median Home Value | $546,728 |
| Average Home Value | $617,733 |
Housing Distribution
Address Breakdown
Residential
5,655
Single Family
5,486
Multi-Family
169
Businesses
362
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
Manufactured
Built in 1994
10.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80863, Woodland Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,407 (100%) |
| Owner Occupied HU | 4,276 (66.7%) |
| Renter Occupied HU | 1,337 (20.9%) |
| Vacant Housing Units | 794 (12.4%) |
| Median Home Value | $546,728 |
| Average Home Value | $617,733 |
Housing Distribution
Address Breakdown
Residential
5,655
Single Family
5,486
Multi-Family
169
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: elevateMLS
Mls ID: #1566186