286 Wallace StreetNorthglennCO80234
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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 Northglenn at 286 Wallace Street, Northglenn, CO, 80234 offers a 9.03% rental yield on a $545,000 purchase with $4,102/mo rent. Total monthly income registers $4,102/mo, and a $2,668/mo payment leaves $896/mo available for distribution. Annual cash flow reaches $10,755/yr on $179,305 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 135.4% and total cumulative return in cash at $242,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,102/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80234, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,926 (100%) |
| Owner Occupied HU | 6,495 (54.5%) |
| Renter Occupied HU | 4,995 (41.9%) |
| Vacant Housing Units | 436 ( 3.7%) |
| Median Home Value | $618,781 |
| Average Home Value | $648,523 |
Housing Distribution
Address Breakdown
Residential
12,044
Single Family
7,717
Multi-Family
4,327
Businesses
960
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Listed by: Jim Norman • You 1st Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #3647688
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