10960 W Florida Avenue Bldg 1 Unit 113DenverCO80232
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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 10960 W Florida Avenue Bldg 1 Unit 113, Denver, CO, 80232 offers a 6.92% rental yield on a $255,000 purchase with $1,471/mo rent. 58% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 80.63% and total cumulative return in cash at $68,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,471/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80232, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,154 (100%) |
| Owner Occupied HU | 5,964 (65.2%) |
| Renter Occupied HU | 2,890 (31.6%) |
| Vacant Housing Units | 300 ( 3.3%) |
| Median Home Value | $611,881 |
| Average Home Value | $672,117 |
Housing Distribution
Address Breakdown
Residential
9,372
Single Family
7,227
Multi-Family
2,145
Businesses
455
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Listed by: Greg Drake • REALTY PROFESSIONALS LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #8109994
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