2977 W 119th Avenue Unit 202WestminsterCO80234
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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 Westminster at 2977 W 119th Avenue Unit 202, Westminster, CO, 80234 offers a 6.09% rental yield on a $435,000 purchase with $2,206/mo rent. 83% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 70.94% and total cumulative return in cash at $102,300. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$402 monthly 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: David Ipsen • MB DAVE IPSEN & ASSOCIATES
Mls Name: REcolorado
Mls Provider:
Mls ID: #7294464
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