1304 S Parker Road #240DenverCO80231
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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 1304 S Parker Road #240, Denver, CO, 80231 earns $220/mo cash flow from $861/mo rent with a $538/mo payment. Total monthly income totals $861/mo, and annual cash flow totals $2,644/yr on $36,465 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.39% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 141.34% and total cumulative return in cash sums $51,540. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $861/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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
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