1024 E 14th Avenue #11DenverCO80218
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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 Denver at 1024 E 14th Avenue #11, Denver, CO, 80218 generates $1,602/mo in rent and, after a $979/mo payment, leaves $436/mo in cash flow. Total monthly income is $1,602/mo, and annual cash flow is $5,236/yr on $66,300 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 9.61% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 144.75% and total cumulative return in cash sums $95,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,602/mo property income rather than buyer’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80218, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,140 (100%) |
| Owner Occupied HU | 3,327 (27.4%) |
| Renter Occupied HU | 8,096 (66.7%) |
| Vacant Housing Units | 717 ( 5.9%) |
| Median Home Value | $816,377 |
| Average Home Value | $955,135 |
Housing Distribution
Address Breakdown
Residential
12,782
Single Family
3,836
Multi-Family
8,946
Businesses
893
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