1120 Monroe Dr UNIT #ABoulderCO80303
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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 Boulder at 1120 Monroe Dr UNIT #A, Boulder, CO, 80303 offers a 7.12% rental yield on a $595,000 purchase with $3,530/mo rent. Total monthly income registers $3,530/mo, and a $2,912/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $232/yr on $195,755 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 103.89% and total cumulative return in cash at $203,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,530/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
942 sqft lot
$N/A/sqft
$520 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80303, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,127 (100%) |
| Owner Occupied HU | 4,417 (36.4%) |
| Renter Occupied HU | 6,909 (57.0%) |
| Vacant Housing Units | 801 ( 6.6%) |
| Median Home Value | $1,025,380 |
| Average Home Value | $1,156,069 |
Housing Distribution
Address Breakdown
Residential
12,198
Single Family
6,411
Multi-Family
5,787
Businesses
700
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Listed by: The Bernardi Group • Coldwell Banker Realty-Boulder
Mls Name: IRES
Mls Provider:
Mls ID: #1031621
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.