2929 W Floyd Avenue #212DenverCO80236
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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 2929 W Floyd Avenue #212, Denver, CO, 80236 uses $66,300 cash to close to unlock $4,960/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $979/mo payment keeps the spread at $413/mo. Purchase price stands at $200,000, and rental yield measures 9.47% with $1,579/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 142.53% and total cumulative return in cash records $94,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80236, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,311 (100%) |
| Owner Occupied HU | 3,730 (59.1%) |
| Renter Occupied HU | 2,352 (37.3%) |
| Vacant Housing Units | 229 ( 3.6%) |
| Median Home Value | $566,078 |
| Average Home Value | $628,196 |
Housing Distribution
Address Breakdown
Residential
6,118
Single Family
4,530
Multi-Family
1,588
Businesses
221
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