15004 W 63rd AvenueArvadaCO80403
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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
Rental property for sale in Arvada at 15004 W 63rd Avenue, Arvada, CO, 80403 generates $7,220/mo in rent, after a $6,828/mo payment. Total monthly income is $7,220/mo. Return on cash invested sits at 17.73% in year one, and rental yield is 6.21% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 90.64% and total cumulative return in cash sums $409,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,220/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.32 Acres lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80403, Golden, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,184 (100%) |
| Owner Occupied HU | 7,073 (77.0%) |
| Renter Occupied HU | 1,485 (16.2%) |
| Vacant Housing Units | 626 ( 6.8%) |
| Median Home Value | $880,886 |
| Average Home Value | $959,937 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,580
Multi-Family
241
Businesses
472
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Listed by: Amber Lombardi • eXp Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #8422777
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)