1383 W 88th Avenue #104ThorntonCO80260
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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 Thornton at 1383 W 88th Avenue #104, Thornton, CO, 80260 uses $76,245 cash to close to unlock $5,488/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,126/mo payment keeps the spread at $457/mo. Purchase price stands at $230,000, and rental yield measures 9.38% with $1,798/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 141% and total cumulative return in cash records $107,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80260, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 7,366 (58.0%) |
| Renter Occupied HU | 4,766 (37.5%) |
| Vacant Housing Units | 561 ( 4.4%) |
| Median Home Value | $221,519 |
| Average Home Value | $287,933 |
Housing Distribution
Address Breakdown
Residential
12,966
Single Family
6,702
Multi-Family
6,264
Businesses
486
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