7042 County Road 92Lake GeorgeCO80827
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $320,000, 7042 County Road 92, Lake George, CO, 80827 in Lake George generates $2,042/mo in rent (7.66% yield) but nets only $177/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.42) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $88,410. Total projected return: $132,248.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.0% |
| Monthly Cash Flow | $177 | $1,200 |
City averages based on Lake George market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,042 |
| Total Monthly Debt Service | $1,738 |
| DSCR Ratio | 1.18x |
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 1972
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80827, Lake George, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 473 (35.6%) |
| Renter Occupied HU | 62 ( 4.7%) |
| Vacant Housing Units | 794 (59.7%) |
| Median Home Value | $486,638 |
| Average Home Value | $548,044 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
366
Multi-Family
0
Businesses
43
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 1972
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80827, Lake George, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 473 (35.6%) |
| Renter Occupied HU | 62 ( 4.7%) |
| Vacant Housing Units | 794 (59.7%) |
| Median Home Value | $486,638 |
| Average Home Value | $548,044 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
366
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Johnson ABR CRS GRI MRP • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1598409
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.