1048 N Columbine StreetGoldenCO80403
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7% yield at 1048 N Columbine Street, Golden, CO, 80403 in Golden is solid, but the $3,674/mo payment compresses net cash flow to $4/mo at $817,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $225,722 by year five, and $7,525/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.30) without U.S. income documentation. Total projected return: $308,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $4 | $300 |
City averages based on Golden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,765 |
| Total Monthly Debt Service | $4,436 |
| DSCR Ratio | 1.07x |
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 1970
7,754 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80403, Golden, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,184 (100%) |
| Owner Occupied HU | 7,073 (77.0%) |
| Renter Occupied HU | 1,485 (16.2%) |
| Vacant Housing Units | 626 ( 6.8%) |
| Median Home Value | $880,886 |
| Average Home Value | $959,937 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,580
Multi-Family
241
Businesses
472
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 1970
7,754 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80403, Golden, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,184 (100%) |
| Owner Occupied HU | 7,073 (77.0%) |
| Renter Occupied HU | 1,485 (16.2%) |
| Vacant Housing Units | 626 ( 6.8%) |
| Median Home Value | $880,886 |
| Average Home Value | $959,937 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,580
Multi-Family
241
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Swenson • Madison & Company Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #3002830
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