695 Manhattan Dr #219BoulderCO80303
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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 695 Manhattan Dr #219, Boulder, CO, 80303 uses $140,888 cash to close to unlock $232/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $2,496/mo, and a $2,080/mo payment keeps the spread at $19/mo. Purchase price stands at $425,000, and rental yield measures 7.05% with $2,496/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 103.26% and total cumulative return in cash records $145,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1979
2.72 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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