940 S Spring Gulch RoadIdaho SpringsCO80452
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 940 S Spring Gulch Road, Idaho Springs, CO, 80452 in Idaho Springs is a conservative rental investment at $935,000. Rental yield 6.42%. A 1.13 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $258,323; $7,838/yr in principal paydown supplements. Total projected return: $306,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.5% |
| Monthly Cash Flow | $(446) | $400 |
City averages based on Idaho Springs market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,003 |
| Total Monthly Debt Service | $5,305 |
| DSCR Ratio | 0.94x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
10.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80452, Idaho Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,082 (51.2%) |
| Renter Occupied HU | 518 (24.5%) |
| Vacant Housing Units | 512 (24.2%) |
| Median Home Value | $518,997 |
| Average Home Value | $654,965 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
203
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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
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Listed by: N/A • N/A
Mls Name: REcolorado as distributed by MLS GRID
Mls Provider:
Mls ID: #9938496
