881 Kirby CtWatkinsCO80137
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 881 Kirby Ct, Watkins, CO, 80137 in Watkins fits: $1,104,800, 4.32% gross yield, and a projected 5% annual appreciation rate adding $305,236 in value within five years. Rental yield 4.32%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.83) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $10,175/yr in principal paydown and $305,236 in appreciation project a total return of $267,747.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.0% |
| Monthly Cash Flow | $(2,594) | $300 |
City averages based on Watkins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,138 |
| Total Monthly Debt Service | $6,022 |
| DSCR Ratio | 0.69x |
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.
Single Family
Built in 2005
2.41 Acres lot
$N/A/sqft
$23 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80137, Watkins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 600 (82.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 46 ( 6.4%) |
| Median Home Value | $632,669 |
| Average Home Value | $643,117 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
120
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 2005
2.41 Acres lot
$N/A/sqft
$23 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80137, Watkins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 600 (82.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 46 ( 6.4%) |
| Median Home Value | $632,669 |
| Average Home Value | $643,117 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices