3242 E 103rd Drive #608ThorntonCO80229
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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 Thornton at 3242 E 103rd Drive #608, Thornton, CO, 80229 listed at $312,000 pairs $2,359/mo rent with a $1,527/mo payment to leave $541/mo cash flow. Total monthly income runs $2,359/mo, and annual cash flow reaches $6,490/yr on $103,428 cash to close. Return on cash invested measures 26.18% in year one, and rental yield registers 9.07% at a $312,000 basis. Equity gained on principal adds $2,013/yr, and annual property appreciation at 5% supports $86,200 by year five. Five-year ROI tracks 136.01% and total cumulative return in cash totals $140,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,359/mo property income relative to a $1,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
871.20 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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