585 S Alton Way Unit 6bDenverCO80247
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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
Rental property for sale in Denver at 585 S Alton Way Unit 6b, Denver, CO, 80247 priced at $189,500 converts $1,488/mo rent into after a $928/mo obligation. Total monthly income equals $1,488/mo. Return on cash invested prints 17.5% in year one, and rental yield reads 9.42% against a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation compiles into $52,355 by year five. Five-year ROI reaches 93.09% and total cumulative return in cash sums $58,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $928/mo payment, not borrower’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$509 monthly HOA
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Listed by: The Grossman Team • Madison & Company Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #7101127
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