16035 E Elk 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 16035 E Elk Place, Denver, CO, 80239 uses $125,970 cash to close to unlock $5,224/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $2,650/mo, and a $1,860/mo payment keeps the spread at $435/mo. Purchase price stands at $380,000, and rental yield measures 8.37% with $2,650/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash records $156,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,650/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
1,307 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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