12154 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 12154 Melody Drive #203, Westminster, CO, 80234 offers a 8.93% rental yield on a $240,000 purchase with $1,786/mo rent. Total monthly income registers $1,786/mo, and a $1,175/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,644/yr on $79,560 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 133.65% and total cumulative return in cash at $106,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,786/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Marina Dubrova • Dubrova and Associate LLC
Mls Name: REcolorado
Mls ID: #4370822