3672 E 89th PlaceThorntonCO80229
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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
Total monthly income runs $2,425/mo, and a $2,276/mo payment. Purchase price stands at $465,000, and rental yield measures 6.26% with $2,425/mo rent. Return on cash invested shows 17.69% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 90.47% and total cumulative return in cash records $139,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,425/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,000 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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Listed by: Cynthia Padilla • Keller Williams Realty Downtown LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #6399283
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)