695 Manhattan Dr UNIT 216BoulderCO80303
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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
Total monthly income runs $2,720/mo, and a $1,835/mo payment. Purchase price stands at $375,000, and rental yield measures 8.7% with $2,720/mo rent. Return on cash invested shows 19.74% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 103.41% and total cumulative return in cash records $128,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,720/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$545 monthly 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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Listed by: Richard Alpers • eXp Realty LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1026647
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.