12133 Melody Drive Unit 103WestminsterCO80234
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
Rental property for sale in Westminster at 12133 Melody Drive Unit 103, Westminster, CO, 80234 generates $1,951/mo in rent, after a $1,370/mo payment. Total monthly income is $1,951/mo. Return on cash invested sits at 18.26% in year one, and rental yield is 8.36% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 95.64% and total cumulative return in cash sums $88,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,951/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$447 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marilee Thomson • Home Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #7408786
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)