1190 Opal Street #101BroomfieldCO80020
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
Investment Highlights
Investment property for sale in Broomfield at 1190 Opal Street #101, Broomfield, CO, 80020 uses $99,417 cash to close to unlock $3,265/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $1,468/mo payment keeps the spread at $272/mo. Purchase price stands at $299,900, and rental yield measures 8.08% with $2,020/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $119,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1997
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80020, Broomfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,057 (100%) |
| Owner Occupied HU | 13,769 (59.7%) |
| Renter Occupied HU | 8,321 (36.1%) |
| Vacant Housing Units | 967 ( 4.2%) |
| Median Home Value | $597,746 |
| Average Home Value | $606,695 |
Housing Distribution
Address Breakdown
Residential
21,594
Single Family
14,655
Multi-Family
6,939
Businesses
1,332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harvey | Guy Homes Team • RE/MAX of Cherry Creek
Mls Name: REcolorado
Mls ID: #9891008