600 S Main St Unit 4210L · Breckenridge, CO 80424

$29,000

3 bd · 3.0 ba · 1,545 sqft · SingleFamily · 367 Days on market

Built 2000 0.95 ac lot Est $36k · 18% under $546/mo HOA · 13% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.6/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Experience the ultimate mountain getaway with this exceptional fractional ownership opportunity at The Residences at Main Street Station — Hyatt Vacation Club. This Week 6, two-bedroom plus studio lock-off unit includes a fixed winter week, a summer float week, and three additional days to be used in the spring or fall—providing a total of 17 days of ownership each year. Recently, Hyatt has partnered with ThirdHome, giving deeded week owners access to an expansive collection of high-end vacation properties around the world. This partnership offers added flexibility and exclusive benefits for those who love to travel beyond their home resort. Situated in the heart of Breckenridge

Key facts

• Outdoor heated pool
• Fractional ownership
• Stunning views

Tags

• MOUNTAIN GETAWAY
• FRACTIONAL OWNERSHIP
• HISTORIC DISTRICT
• OUTDOOR HEATED POOL
• STUNNING VIEWS
• CLOSE TO SHOPPING

Property features AI

Finance

• HOA & community: Homeowners association with annual fee (annual amount shown separately); Fitness center; Community pool; Building features include conference room, elevators, on-site management, reception area, screening room, and WiFi

Exterior

• Parking: Assigned underground garage
• Utilities: Public water; Cable available
• Home design: Residential timeshare
• Construction: Concrete and steel siding construction; Asphalt roof
• Exterior features: Community pool; City lot; Near public transit; Paved road access; Has a view

Interior

• Kitchen: Electric cooktop; Electric range; Dishwasher; Microwave; Disposal
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Baseboard heating; Radiant heating
• Interior features: Eat-in kitchen; Furnished; Gas fireplace
• Laundry & utility: Washer and dryer in unit

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $29k.

Deal economics

• At list price, monthly cash flow is $3k ($31k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $29k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 112.7% vs local median 0.7% in Breckenridge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#62 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing B; Watch: health & safety C-, crime D, amenities F.
• Summit School District No. RE-1 (rural): math 27% / reading 43% proficiency, ranked #35 of 86 in CO (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 614 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 308 units permitted in Summit County in 2024 (123 in 5+ unit buildings).
• This rent runs 42% of the median local income ($121k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $200 of loan paydown is wiped out by about $870 of value loss. Plan a longer hold.
• Summit County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 367 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.

Recommended offer $25,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 367 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 14.48% ✓
• Cap rate: 112.72%
• Cash-on-cash: 380.08%
• DSCR: 17.91
• GRM: 0.6

CMA / ARV

• ARV (on-the-fly): $35,535
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
600 S Main St Unit 4205/4205A	0.00mi	2/2.0 (-1)	1,545 (0%)	5mo	$35,000	$23	87
600 S Main St Unit 4304L	0.00mi	3/3.0	1,655 (+7%)	6mo	$5,500	$3	83
85 Deep Powder Cir	0.16mi	3/3.0	1,720 (+11%)	3mo	$1,941,500	$1,129	71
110 S Harris St	0.38mi	3/2.0	1,681 (+9%)	6mo	$1,670,000	$993	58
123 Powder Ridge Dr	0.16mi	3/3.0	1,720 (+11%)	20mo	$1,950,000	$1,134	56
500 Village Rd #405	0.34mi	3/2.0	1,342 (-13%)	3mo	$8,000	$6	56
500 Village Rd Unit 206 317	0.34mi	3/2.0	1,342 (-13%)	4mo	$7,000	$5	55
500 Village Rd #318	0.34mi	3/2.0	1,342 (-13%)	4mo	$10,000	$7	55
324 N Main St #5	0.73mi	3/2.0	1,776 (+15%)	8mo	$1,515,000	$853	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 20.64×
• Total profit: $159,504
• Equity at exit: $4,324

10-year hold

• IRR: —
• Equity multiple: 44.28×
• Total profit: $351,437
• Equity at exit: $2,507

Cash invested: $8,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80424

• Active inventory: 614
• Price-to-rent: 0.6×

Monthly cashflow live

• Estimated rent: $4,200 medium
• Mortgage (P&I): −$152
• Tax est. 1.5%: −$36 /mo · $435/yr
• Insurance: −$12
• HOA: −$546
• Vacancy / Maint / Mgmt: −$882
• Net cashflow: $2,572

Break-even live

Break-even rent $945

Max offer price $29,000

Occupancy floor 34%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,250
• Closing costs: $870
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 E. Washington RD Breckenridge, CO	1.0–4.0	1.0–4.5	1760	$5,783	$3.29	2d	2	0.49mi

HOA detail

• Monthly dues: $546 · $6,552/yr

Listing history 16 events

1. 2026-06-19
   days on market $29,000 Active 367 DOM
2. 2026-06-18
   days on market $29,000 Active 366 DOM
3. 2026-06-17
   days on market $29,000 Active 365 DOM
4. 2026-06-16
   days on market $29,000 Active 364 DOM
5. 2026-06-15
   days on market $29,000 Active 363 DOM
6. 2026-06-14
   days on market $29,000 Active 361 DOM
7. 2026-06-12
   days on market $29,000 Active 360 DOM
8. 2026-06-09
   days on market $29,000 Active 357 DOM
9. 2026-06-08
   days on market $29,000 Active 356 DOM
10. 2026-06-07
    days on market $29,000 Active 355 DOM
11. 2026-06-05
    days on market $29,000 Active 352 DOM
12. 2026-06-02
    days on market $29,000 Active 350 DOM
13. 2026-06-01
    days on market $29,000 Active 349 DOM
14. 2026-05-31
    days on market $29,000 Active 348 DOM
15. 2026-05-30
    days on market $29,000 Active 347 DOM
16. 2025-06-17
    listed $29,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $50,404
• − Mortgage interest: −$1,624
• − Property taxes: −$435
• − Insurance: −$145
• − Repairs & maintenance: −$4,032
• − Management: −$4,032
• − HOA: −$6,552
• − Depreciation: −$844
• Taxable income: $32,740
• Est. tax owed @ 24.0%: −$7,857
• After-tax cash flow: $23,005/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Summit School District No. RE-1
• NCES district ID: 0806810
• Math proficiency: 27% ▼ -7.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $67,591
• Composite: 31.97/100
• National rank: #5840
• State rank: #35 of 86 in CO

Livability — Breckenridge

• Score: 72/100
• State rank: #62
• US rank: #6014

Category grades

Amenities F Commute A+ Cost of living F Crime D Employment A+ Housing B Health & safety C- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Breckenridge, CO
• County: Summit County · 31,352 people
• City population: 9,764
• Metro: Breckenridge, CO
• Population (ZIP): 9,764
• Household income: $120,907
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 181.0

Population outlook (Summit County) Hauer SSP2

• Today (2025): 35,421 people
• By 2030: 37,983 · +7.2%
• By 2040: 42,597 · +20.3%
• By 2050: 46,695 · +31.8%
• By 2075: 55,288 · +56.1%
• By 2100: 61,033 · +72.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 11% Hispanic / Latino 7% Asian 3% Pacific Islander 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 4% Slovak 4% Scotch-Irish 3%
• Foreign-born: 5% · Canada, Dominican Republic
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Summit

• 2024 margin: Solid D (+37.2) · D 67.0% · R 29.9% · Other 3.1%
• 2008→2024 swing: +4.1pp toward D · 2008: 33.0pp · 2024: 37.2pp
• All cycles: 2024: D+37.2 2020: D+39.5 2016: D+27.6 2012: D+24.4 2008: D+33.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -389.29%
• Current HPI: 311.0453
• Rent YoY: —
• Metro: Breckenridge, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

1 event — show timeline

• 2025-06-17 Listed $29,000 SAR