4245 E 119th Place Unit GThorntonCO80233
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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 4245 E 119th Place Unit G, Thornton, CO, 80233 uses $99,450 cash to close to unlock $2,856/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,317/mo, and a $1,468/mo payment keeps the spread at $238/mo. Purchase price stands at $299,999, and rental yield measures 9.27% with $2,317/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash records $118,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,317/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1984
733 sqft lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80233, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 10,660 (61.4%) |
| Renter Occupied HU | 5,817 (33.5%) |
| Vacant Housing Units | 884 ( 5.1%) |
| Median Home Value | $489,335 |
| Average Home Value | $547,698 |
Housing Distribution
Address Breakdown
Residential
17,868
Single Family
13,379
Multi-Family
4,489
Businesses
1,061
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Listed by: Catherine Miller • MB PROPERTIES BY CATHERINE
Mls Name: REcolorado
Mls Provider:
Mls ID: #5096569
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