2279 Spruce St #8BoulderCO80302
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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
Investment property for sale in Boulder at 2279 Spruce St #8, Boulder, CO, 80302 offers a 7.25% rental yield on a $585,000 purchase with $3,534/mo rent. Total monthly income registers $3,534/mo, and a $2,863/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,500/yr on $192,465 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 107.31% and total cumulative return in cash at $206,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,534/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No 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
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