1904 E 16th AvenueDenverCO80206
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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 1904 E 16th Avenue, Denver, CO, 80206 uses $180,950 cash to close to unlock $4,328/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $3,566/mo, and a $2,692/mo payment keeps the spread at $361/mo. Purchase price stands at $550,000, and rental yield measures 7.78% with $3,566/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash records $209,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,566/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Townhouse
Built in 1909
1,020 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80206, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,670 (100%) |
| Owner Occupied HU | 5,584 (35.6%) |
| Renter Occupied HU | 8,955 (57.1%) |
| Vacant Housing Units | 1,131 ( 7.2%) |
| Median Home Value | $987,422 |
| Average Home Value | $1,137,276 |
Housing Distribution
Address Breakdown
Residential
14,895
Single Family
6,738
Multi-Family
8,157
Businesses
1,617
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