6102 Devinney WayArvadaCO80004
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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 Arvada at 6102 Devinney Way, Arvada, CO, 80004 priced at $899,900 converts $6,023/mo rent into $730/mo cash flow after a $4,405/mo obligation. Total monthly income equals $6,023/mo, and annual cash flow totals $8,757/yr on $296,067 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.03% against a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation compiles into $248,626 by year five. Five-year ROI reaches 119.07% and total cumulative return in cash sums $352,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,023/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,840 sqft lot
$N/A/sqft
$290 semi-annually 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: Jason McCrea • Orchard Brokerage LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #2868471
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)