16069 E Elk DrDenverCO80239
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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 Denver at 16069 E Elk Dr, Denver, CO, 80239 generates $2,193/mo in rent and, after a $1,537/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,193/mo, and annual cash flow is $1,703/yr on $104,091 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 8.38% on a $314,000 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 112.06% and total cumulative return in cash sums $116,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,193/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
2,184 sqft lot
$N/A/sqft
$221 monthly 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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Listed by: Nathaniel Addison • Brokers Guild Real Estate
Mls Name: IRES
Mls Provider:
Mls ID: #1042641
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.