310 & 310.5 Main StreetGenoaCO80818
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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 Genoa at 310 & 310.5 Main Street, Genoa, CO, 80818 uses $61,328 cash to close to unlock $4,528/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $1,455/mo, and a $905/mo payment keeps the spread at $377/mo. Purchase price stands at $185,000, and rental yield measures 9.44% with $1,455/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 142.02% and total cumulative return in cash records $87,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,455/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1928
10,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80818, Genoa, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 177 (100%) |
| Owner Occupied HU | 99 (55.9%) |
| Renter Occupied HU | 49 (27.7%) |
| Vacant Housing Units | 29 (16.4%) |
| Median Home Value | $319,231 |
| Average Home Value | $398,207 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
9
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Listed by: Jana Ewing • Gordon Real Estate Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #9452667
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