1301 Canyon Blvd UNIT #305BoulderCO80302
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1301 Canyon Blvd UNIT #305, Boulder, CO, 80302 in Boulder the bet is firmly on appreciation. Rental yield 5.62%. The 5.62% gross yield on a $1,122,500 price is below income-first thresholds, but 5%/yr value growth projects $310,126 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.04) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $277,628.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.5% |
| Monthly Cash Flow | $(2,345) | $200 |
City averages based on Boulder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,255 |
| Total Monthly Debt Service | $7,153 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
1.03 Acres lot
$N/A/sqft
$958 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80302, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,935 (100%) |
| Owner Occupied HU | 4,384 (33.9%) |
| Renter Occupied HU | 7,230 (55.9%) |
| Vacant Housing Units | 1,321 (10.2%) |
| Median Home Value | $1,221,835 |
| Average Home Value | $1,302,785 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
7,618
Multi-Family
4,463
Businesses
1,438
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
Condo
Built in 2002
1.03 Acres lot
$N/A/sqft
$958 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80302, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,935 (100%) |
| Owner Occupied HU | 4,384 (33.9%) |
| Renter Occupied HU | 7,230 (55.9%) |
| Vacant Housing Units | 1,321 (10.2%) |
| Median Home Value | $1,221,835 |
| Average Home Value | $1,302,785 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
7,618
Multi-Family
4,463
Businesses
1,438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices