601 W 11th Avenue #315DenverCO80204
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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 601 W 11th Avenue #315, Denver, CO, 80204 generates $2,196/mo in rent and, after a $1,434/mo payment, leaves $489/mo in cash flow. Total monthly income is $2,196/mo, and annual cash flow is $5,862/yr on $97,130 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 8.99% on a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash sums $130,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,196/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80204, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,934 (100%) |
| Owner Occupied HU | 5,694 (24.8%) |
| Renter Occupied HU | 12,927 (56.4%) |
| Vacant Housing Units | 4,313 (18.8%) |
| Median Home Value | $660,324 |
| Average Home Value | $752,711 |
Housing Distribution
Address Breakdown
Residential
19,213
Single Family
9,012
Multi-Family
10,201
Businesses
1,806
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