12113 Melody Drive #203WestminsterCO80234
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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 Westminster at 12113 Melody Drive #203, Westminster, CO, 80234 listed at $282,500 pairs $2,084/mo rent with a $1,383/mo payment. Total monthly income runs $2,084/mo. Return on cash invested measures 18.34% in year one, and rental yield registers 8.85% at a $282,500 basis. Equity gained on principal adds $1,823/yr, and annual property appreciation at 5% supports $78,050 by year five. Five-year ROI tracks 96.57% and total cumulative return in cash totals $90,434. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,084/mo property income relative to a $1,383/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80234, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,926 (100%) |
| Owner Occupied HU | 6,495 (54.5%) |
| Renter Occupied HU | 4,995 (41.9%) |
| Vacant Housing Units | 436 ( 3.7%) |
| Median Home Value | $618,781 |
| Average Home Value | $648,523 |
Housing Distribution
Address Breakdown
Residential
12,044
Single Family
7,717
Multi-Family
4,327
Businesses
960
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Listed by: Tuesdi Arrotta • Sunset 5280
Mls Name: REcolorado
Mls Provider:
Mls ID: #8081684
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