2938 Kalmia Ave #17BoulderCO80301
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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 2938 Kalmia Ave #17, Boulder, CO, 80301 listed at $550,000 pairs $3,158/mo rent with a $2,692/mo payment. Total monthly income runs $3,158/mo. Return on cash invested measures 19.75% in year one, and rental yield registers 6.89% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 101.46% and total cumulative return in cash totals $183,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,158/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80301, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,558 (100%) |
| Owner Occupied HU | 6,773 (50.0%) |
| Renter Occupied HU | 5,840 (43.1%) |
| Vacant Housing Units | 945 ( 7.0%) |
| Median Home Value | $849,607 |
| Average Home Value | $899,851 |
Housing Distribution
Address Breakdown
Residential
13,091
Single Family
7,802
Multi-Family
5,289
Businesses
2,304
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