1029 E 8th Avenue Unit 907DenverCO80218
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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 1029 E 8th Avenue Unit 907, Denver, CO, 80218 generates $2,352/mo in rent, after a $1,713/mo payment. Total monthly income is $2,352/mo. Return on cash invested sits at 16.4% in year one, and rental yield is 8.06% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 86% and total cumulative return in cash sums $99,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
$652 monthly 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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Listed by: Rex Jarnagin • Coldwell Banker Realty 24
Mls Name: REcolorado
Mls Provider:
Mls ID: #8502431
Disclaimer: 2025 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)