6054 Iris WayArvadaCO80004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Arvada at 6054 Iris Way, Arvada, CO, 80004 uses $176,311 cash to close to unlock $8,674/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $3,846/mo, and a $2,623/mo payment keeps the spread at $723/mo. Purchase price stands at $535,900, and rental yield measures 8.61% with $3,846/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $148,059 over five years. Five-year ROI reaches 129.52% and total cumulative return in cash records $228,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,846/mo property income covering a $2,623/mo payment rather than investor’s personal income.
Single Family
Built in 1957
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80004, Arvada, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,426 (100%) |
| Owner Occupied HU | 10,128 (65.7%) |
| Renter Occupied HU | 4,758 (30.8%) |
| Vacant Housing Units | 540 ( 3.5%) |
| Median Home Value | $659,177 |
| Average Home Value | $714,830 |
Housing Distribution
Address Breakdown
Residential
15,136
Single Family
13,107
Multi-Family
2,029
Businesses
385
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Listed by: Mary Smith • Keller Williams Avenues Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #6148427
Disclaimer: 2025 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](/mls-disclaimers/#17059)