224 Arapahoe AveBoulderCO80302
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 224 Arapahoe Ave, Boulder, CO, 80302 in Boulder is capital appreciation. Rental yield 4.9%. The 4.9% gross yield at $1,595,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $440,669 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.91) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $384,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 5.5% |
| Monthly Cash Flow | $(3,435) | $200 |
City averages based on Boulder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,517 |
| Total Monthly Debt Service | $9,318 |
| DSCR Ratio | 0.70x |
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 2013
2,614 sqft lot
$N/A/sqft
$657 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 2013
2,614 sqft lot
$N/A/sqft
$657 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
Listed by: Josh Behr • LIV Sotheby's Intl Realty G
Mls Name: IRES
Mls Provider:
Mls ID: #1043979
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.