340 12th StPenroseCO81240
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 340 12th St, Penrose, CO, 81240 in Penrose at $475,000 earns $2,801/mo in rent and nets $33/mo after the $2,136/mo payment, a 7.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $131,234 over five years. Ziffy Mortgage underwrites this on a 1.31 DSCR without U.S. credit history. With $4,375/yr in principal paydown, total projected return reaches $181,490.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.0% |
| Monthly Cash Flow | $33 | $300 |
City averages based on Penrose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,801 |
| Total Monthly Debt Service | $2,579 |
| DSCR Ratio | 1.09x |
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 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices