11882 Irma DriveNorthglennCO80233
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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 Northglenn at 11882 Irma Drive, Northglenn, CO, 80233 offers a 9.56% rental yield on a $475,000 purchase with $3,784/mo rent. Total monthly income registers $3,784/mo, and a $2,325/mo payment leaves $1,016/mo available for distribution. Annual cash flow reaches $12,188/yr on $157,463 to close, and return on cash invested stands at 27.65% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 143.87% and total cumulative return in cash at $226,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,784/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80233, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 10,660 (61.4%) |
| Renter Occupied HU | 5,817 (33.5%) |
| Vacant Housing Units | 884 ( 5.1%) |
| Median Home Value | $489,335 |
| Average Home Value | $547,698 |
Housing Distribution
Address Breakdown
Residential
17,868
Single Family
13,379
Multi-Family
4,489
Businesses
1,061
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Listed by: Crystal Duhachek • Great Way Real Estate Properties LLC
Mls Name: REcolorado
Mls ID: #4367469