975 Crystal Park RdManitou SpringsCO80829
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 975 Crystal Park Rd, Manitou Springs, CO, 80829 in Manitou Springs fits: $599,999, 5.36% gross yield, and a projected 5% annual appreciation rate adding $165,769 in value within five years. Rental yield 5.36%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.99) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,526/yr in principal paydown and $165,769 in appreciation project a total return of $157,868.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.0% |
| Monthly Cash Flow | $(1,086) | $500 |
City averages based on Manitou Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,681 |
| Total Monthly Debt Service | $3,528 |
| DSCR Ratio | 0.76x |
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 1981
0.45 Acres lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80829, Manitou Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,872 (100%) |
| Owner Occupied HU | 1,536 (53.5%) |
| Renter Occupied HU | 1,082 (37.7%) |
| Vacant Housing Units | 254 ( 8.8%) |
| Median Home Value | $643,814 |
| Average Home Value | $697,594 |
Housing Distribution
Address Breakdown
Residential
2,833
Single Family
2,532
Multi-Family
301
Businesses
277
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 1981
0.45 Acres lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80829, Manitou Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,872 (100%) |
| Owner Occupied HU | 1,536 (53.5%) |
| Renter Occupied HU | 1,082 (37.7%) |
| Vacant Housing Units | 254 ( 8.8%) |
| Median Home Value | $643,814 |
| Average Home Value | $697,594 |
Housing Distribution
Address Breakdown
Residential
2,833
Single Family
2,532
Multi-Family
301
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Secundy • REMAX PROPERTIES
Mls Name: elevateMLS
Mls Provider:
Mls ID: #6089586
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