336 E 1st Avenue Unit 308DenverCO80203
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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 336 E 1st Avenue Unit 308, Denver, CO, 80203 listed at $399,000 pairs $2,502/mo rent with a $1,953/mo payment. Total monthly income runs $2,502/mo. Return on cash invested measures 16.64% in year one, and rental yield registers 7.52% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 86.61% and total cumulative return in cash totals $114,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,502/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
N/A lot
$N/A/sqft
$534 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80203, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,269 (100%) |
| Owner Occupied HU | 2,864 (14.9%) |
| Renter Occupied HU | 14,717 (76.4%) |
| Vacant Housing Units | 1,688 ( 8.8%) |
| Median Home Value | $602,897 |
| Average Home Value | $716,508 |
Housing Distribution
Address Breakdown
Residential
17,723
Single Family
1,914
Multi-Family
15,809
Businesses
1,433
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Listed by: Stacey Stambaugh • Kentwood Real Estate Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #6232529
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)