1921 W Elk Place #2DenverCO80211
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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 1921 W Elk Place #2, Denver, CO, 80211 generates $3,554/mo in rent and, after a $2,374/mo payment, leaves $727/mo in cash flow. Total monthly income is $3,554/mo, and annual cash flow is $8,728/yr on $160,778 invested. Return on cash invested sits at 25.34% in year one, and rental yield is 8.79% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 131.48% and total cumulative return in cash sums $211,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,554/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
633 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80211, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,196 (100%) |
| Owner Occupied HU | 8,738 (37.7%) |
| Renter Occupied HU | 12,264 (52.9%) |
| Vacant Housing Units | 2,194 ( 9.5%) |
| Median Home Value | $834,101 |
| Average Home Value | $923,954 |
Housing Distribution
Address Breakdown
Residential
20,722
Single Family
13,672
Multi-Family
7,050
Businesses
1,314
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Listed by: Sara Bohks • Grace Management & Invest.
Mls Name: REcolorado
Mls Provider:
Mls ID: #9464990
Disclaimer: 2025 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](/mls-disclaimers/#17059)