2622 W 24th Avenue Unit 14DenverCO80211
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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 2622 W 24th Avenue Unit 14, Denver, CO, 80211 generates $5,101/mo in rent, after a $5,281/mo payment. Total monthly income is $5,101/mo. Return on cash invested sits at 15.95% in year one, and rental yield is 5.67% on a $1,079,000 entry. Equity gained on principal adds $6,963/yr, while 5% annual appreciation builds toward $298,108 over five years. Five-year ROI reaches 81.16% and total cumulative return in cash sums $283,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,101/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
N/A lot
$N/A/sqft
$100 monthly 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: Julie C Ray • Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #9604994
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