8147 Elk River VwFountainCO80817
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 8147 Elk River Vw, Fountain, CO, 80817 in Fountain, $302,500, 8.49% gross yield, $32/mo net income. Consider it a market-entry position, the $2,140/mo rent covers the $1,360/mo payment with a margin, and 5%/yr appreciation is projected to add $83,575 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.57) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $117,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $32 | $300 |
City averages based on Fountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,140 |
| Total Monthly Debt Service | $1,988 |
| DSCR Ratio | 1.08x |
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 2008
2,103 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80817, Fountain, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,858 (70.6%) |
| Renter Occupied HU | 2,890 (26.0%) |
| Vacant Housing Units | 380 ( 3.4%) |
| Median Home Value | $483,097 |
| Average Home Value | $595,161 |
Housing Distribution
Address Breakdown
Residential
11,071
Single Family
10,588
Multi-Family
483
Businesses
420
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 2008
2,103 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80817, Fountain, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,858 (70.6%) |
| Renter Occupied HU | 2,890 (26.0%) |
| Vacant Housing Units | 380 ( 3.4%) |
| Median Home Value | $483,097 |
| Average Home Value | $595,161 |
Housing Distribution
Address Breakdown
Residential
11,071
Single Family
10,588
Multi-Family
483
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Ryder • Keller Williams Clients Choice Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5655657
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.