3220 W Nevada PlaceDenverCO80219
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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 3220 W Nevada Place, Denver, CO, 80219 listed at $490,000 pairs $4,765/mo rent with a $2,398/mo payment to leave $1,910/mo cash flow. Total monthly income runs $4,765/mo, and annual cash flow reaches $22,916/yr on $162,435 cash to close. Return on cash invested measures 34.02% in year one, and rental yield registers 11.67% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 178.02% and total cumulative return in cash totals $289,164. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,765/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80219, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,403 (100%) |
| Owner Occupied HU | 10,923 (53.5%) |
| Renter Occupied HU | 8,902 (43.6%) |
| Vacant Housing Units | 578 ( 2.8%) |
| Median Home Value | $471,391 |
| Average Home Value | $568,714 |
Housing Distribution
Address Breakdown
Residential
20,496
Single Family
18,292
Multi-Family
2,204
Businesses
1,079
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Listed by: Trisha Le • Signature Real Estate Corp.
Mls Name: REcolorado
Mls Provider:
Mls ID: #8057162
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)