10330 Melody DriveNorthglennCO80260
INVESTMENT ANALYSIS
Investment Verdict
Solid Income10330 Melody Drive, Northglenn, CO, 80260 in Northglenn is a solid income-producing rental, 8.5% gross yield, $3,544/mo rent, $519/mo net cash flow on a $500,000 buy. DSCR 1.58 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $138,141 and $4,605/yr in principal reduction project a total cumulative return of $222,735.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $519 | $1,300 |
City averages based on Northglenn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,544 |
| Total Monthly Debt Service | $2,826 |
| DSCR Ratio | 1.25x |
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 1960
8,640 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
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 1960
8,640 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lidia Suarez • Colorado Home Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #5972810
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)