1506 S Foothills HighwayBoulderCO80305
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 Boulder at 1506 S Foothills Highway, Boulder, CO, 80305 offers $7,438/mo rent that, after a $5,384/mo payment, leaves $728/mo cash flow. Total monthly income is $7,438/mo, and annual cash flow is $8,731/yr on $356,400 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 8.11% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 118.23% and total cumulative return in cash reaches $421,387. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,438/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80305, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 4,080 (56.2%) |
| Renter Occupied HU | 2,928 (40.3%) |
| Vacant Housing Units | 255 ( 3.5%) |
| Median Home Value | $1,081,612 |
| Average Home Value | $1,195,749 |
Housing Distribution
Address Breakdown
Residential
7,205
Single Family
6,207
Multi-Family
998
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Kelly • Grant Real Estate Company
Mls Name: REcolorado
Mls Provider:
Mls ID: #3860739
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)