715 Main StreetGeorgetownCO80444
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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
Rental property for sale in Georgetown at 715 Main Street, Georgetown, CO, 80444 priced at $889,000 converts $2,400/mo rent into after a $4,351/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 8.65% in year one, and rental yield reads 3.24% against a $889,000 entry. Equity gained on principal adds $5,737/yr, while 5% annual appreciation compiles into $245,614 by year five. Five-year ROI reaches 41.97% and total cumulative return in cash sums $122,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $4,351/mo payment, not borrower’s personal income.
Single Family
Built in 1878
9,463 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80444, Georgetown, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 363 (44.8%) |
| Renter Occupied HU | 223 (27.5%) |
| Vacant Housing Units | 225 (27.7%) |
| Median Home Value | $515,323 |
| Average Home Value | $591,040 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Kristen Pyle • Red Brick Real Estate
Mls Name: REcolorado
Mls ID: #7094375