485 Interlocken Boulevard Bldg 2 #406BroomfieldCO80021
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Broomfield rental at 485 Interlocken Boulevard Bldg 2 #406, Broomfield, CO, 80021 sits in the solid-income band: 7.75% gross yield, $3,475/mo rent, $339/mo net after the $2,419/mo debt service, DSCR 1.44. Entry price of $538,065 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $148,657 and $4,956/yr in principal reduction bring total cumulative return to $225,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $339 | $1,200 |
City averages based on Broomfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,475 |
| Total Monthly Debt Service | $2,922 |
| DSCR Ratio | 1.19x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80021, Broomfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,851 (100%) |
| Owner Occupied HU | 8,017 (42.5%) |
| Renter Occupied HU | 9,336 (49.5%) |
| Vacant Housing Units | 1,498 ( 7.9%) |
| Median Home Value | $616,812 |
| Average Home Value | $654,899 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
9,564
Multi-Family
7,965
Businesses
1,321
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
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80021, Broomfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,851 (100%) |
| Owner Occupied HU | 8,017 (42.5%) |
| Renter Occupied HU | 9,336 (49.5%) |
| Vacant Housing Units | 1,498 ( 7.9%) |
| Median Home Value | $616,812 |
| Average Home Value | $654,899 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
9,564
Multi-Family
7,965
Businesses
1,321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TEAM KAMINSKY • Landmark Residential Brokerage
Mls Name: REcolorado
Mls ID: #7865879