12993 E Elgin PlaceDenverCO80239
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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 12993 E Elgin Place, Denver, CO, 80239 listed at $387,500 pairs $3,449/mo rent with a $1,897/mo payment to leave $1,190/mo cash flow. Total monthly income runs $3,449/mo, and annual cash flow reaches $14,284/yr on $128,456 cash to close. Return on cash invested measures 31.03% in year one, and rental yield registers 10.68% at a $387,500 basis. Equity gained on principal adds $2,500/yr, and annual property appreciation at 5% supports $107,059 by year five. Five-year ROI tracks 162.03% and total cumulative return in cash totals $208,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,449/mo property income relative to a $1,897/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80239, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,319 (100%) |
| Owner Occupied HU | 7,118 (53.4%) |
| Renter Occupied HU | 5,799 (43.5%) |
| Vacant Housing Units | 402 ( 3.0%) |
| Median Home Value | $424,192 |
| Average Home Value | $512,105 |
Housing Distribution
Address Breakdown
Residential
13,060
Single Family
9,985
Multi-Family
3,075
Businesses
1,283
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