3457 Ringsby Court Unit 312DenverCO80216
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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 Unit 312, Denver, CO, 80216 offers a 7.68% rental yield on a $330,000 purchase with $2,113/mo rent. Total monthly income registers $2,113/mo, and a $1,615/mo payment leaves $29/mo available for distribution. Annual cash flow reaches $348/yr on $109,395 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 104.7% and total cumulative return in cash at $114,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,113/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$161 monthly 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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Listed by: John Hayden • Kentwood Real Estate City Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #1532793
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