1029 E 8th Avenue #103DenverCO80218
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1029 E 8th Avenue #103, Denver, CO, 80218 in Denver hard to pass up. The 11.66% gross yield on a $149,000 purchase results in $1,448/mo in rent and $580/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.16). Annual cash flow of $6,961, five-year appreciation of $41,166, and $1,372/yr in equity build-up combine for a projected total cumulative return of $93,568.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 3.8% |
| Monthly Cash Flow | $580 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,448 |
| Total Monthly Debt Service | $809 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1961
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
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
Condo
Built in 1961
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices