1190 Opal Street #104BroomfieldCO80020
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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
Rental property for sale in Broomfield at 1190 Opal Street #104, Broomfield, CO, 80020 generates $1,843/mo in rent, after a $1,566/mo payment. Total monthly income is $1,843/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 6.91% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 101.08% and total cumulative return in cash sums $107,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,843/mo property income rather than buyer’s personal income.
Condo
Built in 1997
N/A 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
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Listed by: Shannon Pace • Coldwell Banker Realty 24
Mls Name: REcolorado
Mls ID: #3355967