Investing in Teller County
Teller County covers 3 rental markets we actively finance in Colorado — Cripple Creek, Victor, Woodland Park. Across those markets the median investment basis averages $335,000, a long-term lease averages $2,767/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,125. That produces a county-wide average DSCR ratio near 1.34x.
Basis varies more inside Teller County than the average suggests. Victor is the lowest entry point at roughly $225,000, while Cripple Creek currently models the strongest coverage ratio in the county at 1.44x. 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.