982 Locust AvenueBoulderCO80304
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Boulder at 982 Locust Avenue, Boulder, CO, 80304 projects strong ROI of 8.78%. Rental yield 3.14%. With 5% annual appreciation, the property builds $955,607 in value over five years. Equity growth combined delivers a projected five-year ROI of 59.35%, translating into $579,945 in total cumulative return on $977,115 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 5.5% |
| Monthly Cash Flow | $(11,295) | $200 |
City averages based on Boulder market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $9,037 |
| Total Monthly Debt Service | $18,956 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2026
6,555 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80304, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,487 (100%) |
| Owner Occupied HU | 7,418 (59.4%) |
| Renter Occupied HU | 4,339 (34.7%) |
| Vacant Housing Units | 730 ( 5.8%) |
| Median Home Value | $1,214,097 |
| Average Home Value | $1,272,722 |
Housing Distribution
Address Breakdown
Residential
12,111
Single Family
10,005
Multi-Family
2,106
Businesses
576
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
Single Family
Built in 2026
6,555 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80304, Boulder, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,487 (100%) |
| Owner Occupied HU | 7,418 (59.4%) |
| Renter Occupied HU | 4,339 (34.7%) |
| Vacant Housing Units | 730 ( 5.8%) |
| Median Home Value | $1,214,097 |
| Average Home Value | $1,272,722 |
Housing Distribution
Address Breakdown
Residential
12,111
Single Family
10,005
Multi-Family
2,106
Businesses
576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Payes • The Agency - Boulder
Mls Name: REcolorado as distributed by MLS GRID
Mls Provider:
Mls ID: #1688667
Disclaimer: 2026 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17059)