Investing in Douglas County
Douglas County covers 4 rental markets we actively finance in Colorado — Castle Rock, Highlands Ranch, Lone Tree, Parker. Across those markets the median investment basis averages $677,500, a long-term lease averages $4,050/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $4,311. That produces a county-wide average DSCR ratio near 0.94x.
Basis varies more inside Douglas County than the average suggests. Parker is the lowest entry point at roughly $645,000, while Parker currently models the strongest coverage ratio in the county at 1.08x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.