12120 Melody Drive Bldg 13 #308DenverCO80234
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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 12120 Melody Drive Bldg 13 #308, Denver, CO, 80234 earns from $1,480/mo rent with a $1,052/mo payment. Total monthly income totals $1,480/mo. ROI tracks 15.49% on current figures, and rental yield reads 8.26% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 81.68% and total cumulative return in cash sums $58,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,480/mo property income instead of your personal income.
Condo
Built in 1972
9,200 sqft lot
$N/A/sqft
$490 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80234, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,926 (100%) |
| Owner Occupied HU | 6,495 (54.5%) |
| Renter Occupied HU | 4,995 (41.9%) |
| Vacant Housing Units | 436 ( 3.7%) |
| Median Home Value | $618,781 |
| Average Home Value | $648,523 |
Housing Distribution
Address Breakdown
Residential
12,044
Single Family
7,717
Multi-Family
4,327
Businesses
960
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Listed by: Beth Ann Mott • Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #6309677
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)