10221 E 62nd PlaceDenverCO80238
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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 Denver at 10221 E 62nd Place, Denver, CO, 80238 listed at $599,400 pairs $4,140/mo rent with a $2,934/mo payment to leave $310/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $3,722/yr on $197,203 cash to close. Return on cash invested measures 21.95% in year one, and rental yield registers 8.29% at a $599,400 basis. Equity gained on principal adds $3,868/yr, and annual property appreciation at 5% supports $165,603 by year five. Five-year ROI tracks 114.02% and total cumulative return in cash totals $224,859. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $2,934/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
4,091 sqft lot
$N/A/sqft
$222 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80238, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,298 (100%) |
| Owner Occupied HU | 8,353 (62.8%) |
| Renter Occupied HU | 3,572 (26.9%) |
| Vacant Housing Units | 1,373 (10.3%) |
| Median Home Value | $894,472 |
| Average Home Value | $979,215 |
Housing Distribution
Address Breakdown
Residential
12,385
Single Family
9,323
Multi-Family
3,062
Businesses
474
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Listed by: Seth Williamson • WK Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #3136133
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)