12151 Melody Drive #202WestminsterCO80234
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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 12151 Melody Drive #202, Westminster, CO, 80234 uses $85,196 cash to close to unlock $12,026/yr annual cash flow and $1,002/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,258/mo payment keeps the spread at $1,002/mo. Purchase price stands at $257,000, and rental yield measures 11.67% with $2,500/mo rent. Return on cash invested shows 34.02% in year one, and 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 178.12% and total cumulative return in cash records $151,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,258/mo payment rather than investor’s 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: Corben Kildow • Keller Williams Advantage Realty LLC
Mls Name: REcolorado
Mls ID: #5428001