2651 Devonshire CourtDenverCO80229
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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 2651 Devonshire Court, Denver, CO, 80229 priced at $307,500 pairs $2,581/mo rent with $302/mo cash flow after a $1,505/mo payment. Total monthly income equals $2,581/mo, and annual cash flow comes to $3,627/yr on $101,936 invested. Return on cash invested is 23.47% in year one, and rental yield stands at 10.07% on a $307,500 basis. Equity gained on principal adds $1,984/yr, and 5% annual appreciation accumulates to $84,957 by year five. Five-year ROI measures 123.56% and total cumulative return in cash reaches $125,955. For financing, Ziffy Mortgage’s DSCR program evaluates $2,581/mo property income against a $1,505/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1997
936 sqft lot
$N/A/sqft
$465 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80229, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 11,513 (58.6%) |
| Renter Occupied HU | 7,336 (37.4%) |
| Vacant Housing Units | 790 ( 4.0%) |
| Median Home Value | $446,679 |
| Average Home Value | $440,243 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,881
Multi-Family
5,249
Businesses
1,222
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Listed by: Danielle Cruz • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #2881383
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)