610 Hermosa StDel NorteCO81132
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 610 Hermosa St, Del Norte, CO, 81132 in Del Norte worth study. Rental yield 4.72%. The 4.72% gross yield is below cash-flow benchmarks at $389,000, but 5% annual appreciation, adding $107,474 over five years, frames this as a capital growth position. Rent of $1,530/mo partially offsets the $1,749/mo payment. Ziffy Mortgage finances appreciation-play properties (0.87 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $99,477.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 7.2% |
| Monthly Cash Flow | $(737) | $300 |
City averages based on Del Norte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,530 |
| Total Monthly Debt Service | $2,112 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
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 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Kelly • RE/MAX Advantage Realty, Inc.
Mls Name: CREN
Mls Provider:
Mls ID: #818240
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.