12173 Melody Drive Unit 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
Rental property for sale in Westminster at 12173 Melody Drive Unit 203, Westminster, CO, 80234 generates $2,260/mo in rent and, after a $1,248/mo payment, leaves $325/mo in cash flow. Total monthly income is $2,260/mo, and annual cash flow is $3,901/yr on $84,499 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 10.64% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash sums $109,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,260/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$449 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: Brian Petrelli • MB The Brian Petrelli Team
Mls Name: REcolorado
Mls Provider:
Mls ID: #9365284
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