309 Main StreetRomeoCO81148
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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
Investment Highlights
Investment property for sale in Romeo at 309 Main Street, Romeo, CO, 81148 at $520,000 posts ROI 15.69% with from $2,407/mo rent. Total monthly income equals $2,407/mo. Return on cash invested measures 15.69% and rental yield reads 5.55% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 79.7% and total cumulative return in cash totals $136,343. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81148, Romeo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 88 (68.7%) |
| Renter Occupied HU | 27 (21.1%) |
| Vacant Housing Units | 13 (10.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $216,989 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: Jeni Jack-Goodwin • Porter Realty, Inc.
Mls Name: CREN
Mls Provider:
Mls ID: #827077
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.