6388 Oak Court #203ArvadaCO80004
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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 6388 Oak Court #203, Arvada, CO, 80004 generates $1,783/mo in rent and, after a $1,199/mo payment, leaves $355/mo in cash flow. Total monthly income is $1,783/mo, and annual cash flow is $4,264/yr on $81,218 invested. Return on cash invested sits at 25.16% in year one, and rental yield is 8.73% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 130.55% and total cumulative return in cash sums $106,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A 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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