2423 23rd StBoulderCO80304
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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 Boulder at 2423 23rd St, Boulder, CO, 80304 generates $7,028/mo in rent, after a $7,709/mo payment. Total monthly income is $7,028/mo. Return on cash invested sits at 15.31% in year one, and rental yield is 5.35% on a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 77.6% and total cumulative return in cash sums $396,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
5,466 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80304, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,487 (100%) |
| Owner Occupied HU | 7,418 (59.4%) |
| Renter Occupied HU | 4,339 (34.7%) |
| Vacant Housing Units | 730 ( 5.8%) |
| Median Home Value | $1,214,097 |
| Average Home Value | $1,272,722 |
Housing Distribution
Address Breakdown
Residential
12,111
Single Family
10,005
Multi-Family
2,106
Businesses
576
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