3053 W Bates AvenueDenverCO80236
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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 Denver at 3053 W Bates Avenue, Denver, CO, 80236 generates $1,920/mo in rent, after a $2,715/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 10.88% in year one, and rental yield is 4.15% on a $554,763 entry. Equity gained on principal adds $3,580/yr, while 5% annual appreciation builds toward $153,271 over five years. Five-year ROI reaches 54.11% and total cumulative return in cash sums $98,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
891 sqft lot
$N/A/sqft
$250 quarterly 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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Listed by: Aaron Williams • Milehimodern
Mls Name: REcolorado
Mls Provider:
Mls ID: #3024856
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