9669 Spruce Mountain Road LOT 13LarkspurCO80118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 9669 Spruce Mountain Road LOT 13, Larkspur, CO, 80118 in Larkspur. At $100,000 it earns $793/mo in rent and distributes $210/mo to the owner after the $450/mo payment, a consistent 9.52% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $27,628 in value; $921/yr in principal paydown compounds ownership stake. Total projected return: $51,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $210 | $1,200 |
City averages based on Larkspur 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 | $793 |
| Total Monthly Debt Service | $543 |
| DSCR Ratio | 1.46x |
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.
Manufactured
Built in 1995
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80118, Larkspur, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 2,306 (90.0%) |
| Renter Occupied HU | 184 ( 7.2%) |
| Vacant Housing Units | 73 ( 2.8%) |
| Median Home Value | $884,217 |
| Average Home Value | $1,003,691 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,445
Multi-Family
0
Businesses
132
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
Manufactured
Built in 1995
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80118, Larkspur, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 2,306 (90.0%) |
| Renter Occupied HU | 184 ( 7.2%) |
| Vacant Housing Units | 73 ( 2.8%) |
| Median Home Value | $884,217 |
| Average Home Value | $1,003,691 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,445
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices