3047 W 47th Avenue Unit 204DenverCO80211
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 3047 W 47th Avenue Unit 204, Denver, CO, 80211 in Denver. At $213,900 it earns $1,927/mo in rent and distributes $437/mo to the owner after the $962/mo payment, a consistent 10.81% yield. DSCR 2.00 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $59,097 in value; $1,970/yr in principal paydown compounds ownership stake. Total projected return: $109,923.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 3.8% |
| Monthly Cash Flow | $437 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,927 |
| Total Monthly Debt Service | $1,405 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
$244 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80211, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,196 (100%) |
| Owner Occupied HU | 8,738 (37.7%) |
| Renter Occupied HU | 12,264 (52.9%) |
| Vacant Housing Units | 2,194 ( 9.5%) |
| Median Home Value | $834,101 |
| Average Home Value | $923,954 |
Housing Distribution
Address Breakdown
Residential
20,722
Single Family
13,672
Multi-Family
7,050
Businesses
1,314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$244 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80211, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,196 (100%) |
| Owner Occupied HU | 8,738 (37.7%) |
| Renter Occupied HU | 12,264 (52.9%) |
| Vacant Housing Units | 2,194 ( 9.5%) |
| Median Home Value | $834,101 |
| Average Home Value | $923,954 |
Housing Distribution
Address Breakdown
Residential
20,722
Single Family
13,672
Multi-Family
7,050
Businesses
1,314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices