645 Manhattan Pl #302BoulderCO80303
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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 645 Manhattan Pl #302, Boulder, CO, 80303 generates $2,316/mo in rent and, after a $1,517/mo payment, leaves $510/mo in cash flow. Total monthly income is $2,316/mo, and annual cash flow is $6,116/yr on $102,765 invested. Return on cash invested sits at 25.86% in year one, and rental yield is 8.97% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 134.29% and total cumulative return in cash sums $138,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,316/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1.61 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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