3009 Madison Ave #M-315BoulderCO80303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3009 Madison Ave #M-315, Boulder, CO, 80303 in Boulder. Priced at $239,900, it generates $2,316/mo in gross rent and $569/mo in net monthly cash flow, a 11.58% yield that comfortably supports the 2.04 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,827. Five-year appreciation: $66,280. Equity from principal paydown: $2,011/yr. Total projected cumulative return: $145,215.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.5% |
| Monthly Cash Flow | $569 | $200 |
City averages based on Boulder market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,316 |
| Total Monthly Debt Service | $1,361 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1969
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80303, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,127 (100%) |
| Owner Occupied HU | 4,417 (36.4%) |
| Renter Occupied HU | 6,909 (57.0%) |
| Vacant Housing Units | 801 ( 6.6%) |
| Median Home Value | $1,025,380 |
| Average Home Value | $1,156,069 |
Housing Distribution
Address Breakdown
Residential
12,198
Single Family
6,411
Multi-Family
5,787
Businesses
700
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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
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