693 WAPITI Drive UNIT 16AFraserCO80442
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 693 WAPITI Drive UNIT 16A, Fraser, CO, 80442 in Fraser is listed at $619,000 and delivers $4,608/mo in rent and $319/mo in net monthly cash flow. The 8.48% yield and 1.66 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $171,018 over five years, and $5,701/yr in principal reduction supplements cash return. Total projected cumulative return: $271,183.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $319 | $1,500 |
City averages based on Fraser market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,608 |
| Total Monthly Debt Service | $3,811 |
| DSCR Ratio | 1.21x |
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.
Townhouse
Built in 1978
435.60 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80442, Fraser, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,031 (100%) |
| Owner Occupied HU | 603 (19.9%) |
| Renter Occupied HU | 580 (19.1%) |
| Vacant Housing Units | 1,848 (61.0%) |
| Median Home Value | $617,553 |
| Average Home Value | $712,645 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
155
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
Townhouse
Built in 1978
435.60 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80442, Fraser, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,031 (100%) |
| Owner Occupied HU | 603 (19.9%) |
| Renter Occupied HU | 580 (19.1%) |
| Vacant Housing Units | 1,848 (61.0%) |
| Median Home Value | $617,553 |
| Average Home Value | $712,645 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy E Smith • Real Estate of Winter Park
Mls Name: GCBOR
Mls ID: #25-350
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.