2885 E Midway Boulevard Lot 1356BroomfieldCO80020
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 2885 E Midway Boulevard Lot 1356, Broomfield, CO, 80020 in Broomfield is the 1.79 coverage ratio: rent of $1,189/mo versus a $663/mo debt payment on a $147,499 property. Rental yield 9.67%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $40,751 by year five, with $1,358/yr in equity from paydown. Total projected cumulative return: $10,467.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $(779) | $1,200 |
City averages based on Broomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,189 |
| Total Monthly Debt Service | $1,909 |
| DSCR Ratio | 0.62x |
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.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
$1,108 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
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
Manufactured
Built in 1978
N/A lot
$N/A/sqft
$1,108 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ali Martinez • Mazuma Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #5416366
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](/info/mls-disclaimers/#17059)