615 S Alton Way Unit 7aDenverCO80247
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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 615 S Alton Way Unit 7a, Denver, CO, 80247 priced at $279,000 converts $2,122/mo rent into after a $1,366/mo obligation. Total monthly income equals $2,122/mo. Return on cash invested prints 17.69% in year one, and rental yield reads 9.13% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 93.59% and total cumulative return in cash sums $86,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,122/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$667 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Carol Guzman • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #3988173
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