2984 E 97th AvenueThorntonCO80229
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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 Thornton at 2984 E 97th Avenue, Thornton, CO, 80229 generates $3,379/mo in rent and, after a $2,374/mo payment, leaves $552/mo in cash flow. Total monthly income is $3,379/mo, and annual cash flow is $6,628/yr on $160,778 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 8.36% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash sums $200,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,379/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
8,000 sqft lot
$N/A/sqft
No 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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