10150 Melody DriveNorthglennCO80260
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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
Investment property for sale in Northglenn at 10150 Melody Drive, Northglenn, CO, 80260 offers a 9.47% rental yield on a $421,000 purchase with $3,322/mo rent. Total monthly income registers $3,322/mo, and a $2,061/mo payment leaves $818/mo available for distribution. Annual cash flow reaches $9,819/yr on $139,562 to close, and return on cash invested stands at 26.94% in year one. Equity gained on principal adds $2,717/yr while 5% annual appreciation supports $116,315 over five years. Portfolio math shows five-year ROI at 140.27% and total cumulative return in cash at $195,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,322/mo property income against a $2,061/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80260, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 7,366 (58.0%) |
| Renter Occupied HU | 4,766 (37.5%) |
| Vacant Housing Units | 561 ( 4.4%) |
| Median Home Value | $221,519 |
| Average Home Value | $287,933 |
Housing Distribution
Address Breakdown
Residential
12,966
Single Family
6,702
Multi-Family
6,264
Businesses
486
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Listed by: Sonia Shakeshaft • RE/MAX Professionals
Mls Name: REcolorado
Mls Provider:
Mls ID: #1963504
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