23585 Genesee Village Rd #EGoldenCO80401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 23585 Genesee Village Rd #E, Golden, CO, 80401 in Golden at $507,300 earns $3,115/mo in rent and nets $2/mo after the $2,281/mo payment, a 7.37% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $140,158 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $4,672/yr in principal paydown, total projected return reaches $192,384.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $2 | $300 |
City averages based on Golden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,115 |
| Total Monthly Debt Service | $2,912 |
| DSCR Ratio | 1.07x |
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.
Condo
Built in 1983
N/A lot
$N/A/sqft
$157 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80401, Golden, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,912 (100%) |
| Owner Occupied HU | 10,629 (56.2%) |
| Renter Occupied HU | 6,916 (36.6%) |
| Vacant Housing Units | 1,367 ( 7.2%) |
| Median Home Value | $866,393 |
| Average Home Value | $916,978 |
Housing Distribution
Address Breakdown
Residential
18,425
Single Family
14,339
Multi-Family
4,086
Businesses
1,842
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
Condo
Built in 1983
N/A lot
$N/A/sqft
$157 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80401, Golden, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,912 (100%) |
| Owner Occupied HU | 10,629 (56.2%) |
| Renter Occupied HU | 6,916 (36.6%) |
| Vacant Housing Units | 1,367 ( 7.2%) |
| Median Home Value | $866,393 |
| Average Home Value | $916,978 |
Housing Distribution
Address Breakdown
Residential
18,425
Single Family
14,339
Multi-Family
4,086
Businesses
1,842
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices