16128 E Elk DriveDenverCO80239
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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 16128 E Elk Drive, Denver, CO, 80239 uses $134,258 cash to close to unlock $588/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $2,409/mo, and a $1,982/mo payment keeps the spread at $49/mo. Purchase price stands at $405,000, and rental yield measures 7.14% with $2,409/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 104.7% and total cumulative return in cash records $140,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,409/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Townhouse
Built in 2018
1,400 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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