63 Garland DriveNorthglennCO80233
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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 Northglenn at 63 Garland Drive, Northglenn, CO, 80233 offers $2,650/mo rent that, after a $2,203/mo payment, leaves $27/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $324/yr on $149,175 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 7.07% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 103.53% and total cumulative return in cash reaches $154,434. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80233, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 10,660 (61.4%) |
| Renter Occupied HU | 5,817 (33.5%) |
| Vacant Housing Units | 884 ( 5.1%) |
| Median Home Value | $489,335 |
| Average Home Value | $547,698 |
Housing Distribution
Address Breakdown
Residential
17,868
Single Family
13,379
Multi-Family
4,489
Businesses
1,061
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Listed by: Matt Studzinski • RE/MAX Alliance
Mls Name: REcolorado
Mls ID: #9842107