16 Scott Drive NBroomfieldCO80020
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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 Broomfield at 16 Scott Drive N, Broomfield, CO, 80020 priced at $532,000 converts $2,220/mo rent into after a $2,604/mo obligation. Total monthly income equals $2,220/mo. Return on cash invested prints 12.82% in year one, and rental yield reads 5.01% against a $532,000 entry. Equity gained on principal adds $3,433/yr, while 5% annual appreciation compiles into $146,982 by year five. Five-year ROI reaches 64.78% and total cumulative return in cash sums $113,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $2,604/mo payment, not borrower’s personal income.
Single Family
Built in 1977
5,837 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80020, Broomfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,057 (100%) |
| Owner Occupied HU | 13,769 (59.7%) |
| Renter Occupied HU | 8,321 (36.1%) |
| Vacant Housing Units | 967 ( 4.2%) |
| Median Home Value | $597,746 |
| Average Home Value | $606,695 |
Housing Distribution
Address Breakdown
Residential
21,594
Single Family
14,655
Multi-Family
6,939
Businesses
1,332
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Listed by: Kristin Yoelin-Lindhe • Sellstate Alliance Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #9997805
Disclaimer: 2025 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](/mls-disclaimers/#17059)