310 & 310.5 Main StreetGenoaCO80818
INVESTMENT ANALYSIS
Investment Verdict
Solid Income310 & 310.5 Main Street, Genoa, CO, 80818 in Genoa is a solid income-producing rental, 9.44% gross yield, $1,455/mo rent, $377/mo net cash flow on a $185,000 buy. DSCR 1.75 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $94,145.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $377 | $1,500 |
City averages based on Genoa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,455 |
| Total Monthly Debt Service | $1,005 |
| DSCR Ratio | 1.45x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jana Ewing • Gordon Real Estate Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #9452667
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