6699 Eagle Mountain RdManitou SpringsCO80829
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Manitou Springs rentals match the income profile of 6699 Eagle Mountain Rd, Manitou Springs, CO, 80829. Listed at $135,000, gross rent is $2,980/mo and net cash flow is $1,968/mo, a 26.49% yield well above national averages. DSCR 4.91 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $37,298 by year five with $1,243/yr in annual principal reduction, projecting $178,610 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.5% | 5.0% |
| Monthly Cash Flow | $1,968 | $500 |
City averages based on Manitou Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,980 |
| Total Monthly Debt Service | $958 |
| DSCR Ratio | 3.11x |
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.
Lot
Built in N/A
0.70 Acres lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80829, Manitou Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,872 (100%) |
| Owner Occupied HU | 1,536 (53.5%) |
| Renter Occupied HU | 1,082 (37.7%) |
| Vacant Housing Units | 254 ( 8.8%) |
| Median Home Value | $643,814 |
| Average Home Value | $697,594 |
Housing Distribution
Address Breakdown
Residential
2,833
Single Family
2,532
Multi-Family
301
Businesses
277
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
Lot
Built in N/A
0.70 Acres lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80829, Manitou Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,872 (100%) |
| Owner Occupied HU | 1,536 (53.5%) |
| Renter Occupied HU | 1,082 (37.7%) |
| Vacant Housing Units | 254 ( 8.8%) |
| Median Home Value | $643,814 |
| Average Home Value | $697,594 |
Housing Distribution
Address Breakdown
Residential
2,833
Single Family
2,532
Multi-Family
301
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobbi Price • The Platinum Group
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2371823
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