1302 S Parker Road Unit 226DenverCO80231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $823/mo, and a $514/mo payment. Purchase price stands at $105,000, and rental yield measures 9.41% with $823/mo rent. Return on cash invested shows 14.97% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 80.33% and total cumulative return in cash records $27,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $823/mo property income covering a $514/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80231, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,682 (100%) |
| Owner Occupied HU | 5,982 (33.8%) |
| Renter Occupied HU | 10,644 (60.2%) |
| Vacant Housing Units | 1,056 ( 6.0%) |
| Median Home Value | $592,032 |
| Average Home Value | $637,644 |
Housing Distribution
Address Breakdown
Residential
17,646
Single Family
5,300
Multi-Family
12,346
Businesses
1,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vladimir Hamanovich • Champion Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #9620543
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)