12113 Melody Drive #304WestminsterCO80234
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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 #304, Westminster, CO, 80234 earns $200/mo cash flow from $1,453/mo rent with a $1,052/mo payment. Total monthly income totals $1,453/mo, and annual cash flow totals $2,404/yr on $71,273 capital. ROI tracks 23.28% on current figures, and rental yield reads 8.11% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 120.49% and total cumulative return in cash sums $85,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,453/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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: Kimberly Junior • Coldwell Banker Realty 14
Mls Name: REcolorado
Mls ID: #6730687