117 Elati Street #1DenverCO80223
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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
Total monthly income runs $2,584/mo, and a $2,883/mo payment. Purchase price stands at $589,000, and rental yield measures 5.26% with $2,584/mo rent. Return on cash invested shows 13.47% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 68.31% and total cumulative return in cash records $132,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
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Listed by: Oisin Down • Kentwood Real Estate Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #3890783
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](/mls-disclaimers/#17059)