550 E 12th Avenue Unit 804DenverCO80203
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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 550 E 12th Avenue Unit 804, Denver, CO, 80203 offers a 7.12% rental yield on a $515,000 purchase with $3,055/mo rent. 96% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 82.81% and total cumulative return in cash at $140,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,055/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
N/A lot
$N/A/sqft
$632 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: Susie Dews • Compass - Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #5311630
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