1121 Albion St UNIT 402DenverCO80220
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
Investment Highlights
Rental property for sale in Denver at 1121 Albion St UNIT 402, Denver, CO, 80220 generates $2,341/mo in rent and, after a $1,552/mo payment, leaves $18/mo in cash flow. Total monthly income is $2,341/mo, and annual cash flow is $218/yr on $105,082 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 8.86% on a $316,990 entry. Equity gained on principal adds $2,045/yr, while 5% annual appreciation builds toward $87,578 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash sums $110,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,341/mo property income rather than buyer’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80220, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,999 (100%) |
| Owner Occupied HU | 8,855 (49.2%) |
| Renter Occupied HU | 7,881 (43.8%) |
| Vacant Housing Units | 1,263 ( 7.0%) |
| Median Home Value | $861,427 |
| Average Home Value | $997,094 |
Housing Distribution
Address Breakdown
Residential
17,106
Single Family
11,723
Multi-Family
5,383
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Art Schwadron • RE/MAX of Boulder, Inc
Mls Name: IRES
Mls Provider:
Mls ID: #1017845
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.