119 Edgewater CirGranbyCO80446
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing119 Edgewater Cir, Granby, CO, 80446 in Granby is a stable, well-positioned rental at $489,900. Rental yield 6.16%. DSCR 1.08 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $135,350 in value and $4,107/yr in principal paydown builds equity, a total projected return of $131,957.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.0% |
| Monthly Cash Flow | $(706) | $1,200 |
City averages based on Granby 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 | $2,514 |
| Total Monthly Debt Service | $3,145 |
| DSCR Ratio | 0.80x |
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 2023
2,747 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80446, Granby, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 1,397 (30.5%) |
| Renter Occupied HU | 648 (14.1%) |
| Vacant Housing Units | 2,541 (55.4%) |
| Median Home Value | $639,071 |
| Average Home Value | $763,987 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
287
Multi-Family
120
Businesses
225
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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: Matthew Sanchez • MarketPlace Realty, LLC
Mls Name: IRES
Mls Provider:
Mls ID: #997126
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
