3457 Ringsby Court #320DenverCO80216
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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 3457 Ringsby Court #320, Denver, CO, 80216 listed at $590,000 pairs $3,332/mo rent with a $2,888/mo payment. Total monthly income runs $3,332/mo. Return on cash invested measures 19.4% in year one, and rental yield registers 6.78% at a $590,000 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 99.62% and total cumulative return in cash totals $193,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,332/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80216, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,537 (100%) |
| Owner Occupied HU | 1,957 (17.0%) |
| Renter Occupied HU | 7,304 (63.3%) |
| Vacant Housing Units | 2,276 (19.7%) |
| Median Home Value | $469,439 |
| Average Home Value | $547,547 |
Housing Distribution
Address Breakdown
Residential
7,687
Single Family
2,921
Multi-Family
4,766
Businesses
2,201
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