1200 S Monaco St Parkway #24DenverCO80224
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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 1200 S Monaco St Parkway #24, Denver, CO, 80224 uses $119,340 cash to close to unlock $9,852/yr annual cash flow and $821/mo monthly cash flow. Total monthly income runs $3,316/mo, and a $1,762/mo payment keeps the spread at $821/mo. Purchase price stands at $360,000, and rental yield measures 11.05% with $3,316/mo rent. Return on cash invested shows 28.16% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 148.07% and total cumulative return in cash records $176,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,316/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 1967
N/A lot
$N/A/sqft
$397 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80224, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,486 (100%) |
| Owner Occupied HU | 4,711 (49.7%) |
| Renter Occupied HU | 4,143 (43.7%) |
| Vacant Housing Units | 632 ( 6.7%) |
| Median Home Value | $657,439 |
| Average Home Value | $720,743 |
Housing Distribution
Address Breakdown
Residential
8,708
Single Family
4,958
Multi-Family
3,750
Businesses
638
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Listed by: Nita Kolarsick • Coldwell Banker Global Luxury Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #1754871
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)