611 Cascade AveBoulderCO80302
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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 611 Cascade Ave, Boulder, CO, 80302 offers $2,087/mo rent that, after a $3,079/mo payment. Total monthly income is $2,087/mo. Return on cash invested measures 10.9% in year one, and rental yield stands at 3.98% at a $629,000 entry. Equity gained on principal adds $4,059/yr while 5% annual appreciation compounds into $173,781 by year five. Five-year ROI records 54.04% and total cumulative return in cash reaches $111,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,087/mo property income versus a $3,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80302, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,935 (100%) |
| Owner Occupied HU | 4,384 (33.9%) |
| Renter Occupied HU | 7,230 (55.9%) |
| Vacant Housing Units | 1,321 (10.2%) |
| Median Home Value | $1,221,835 |
| Average Home Value | $1,302,785 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
7,618
Multi-Family
4,463
Businesses
1,438
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