6703 E Vassar AvenueDenverCO80224
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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
Investment property for sale in Denver at 6703 E Vassar Avenue, Denver, CO, 80224 offers a 8.18% rental yield on a $640,000 purchase with $4,360/mo rent. Total monthly income registers $4,360/mo, and a $3,132/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,568/yr on $210,560 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $4,130/yr while 5% annual appreciation supports $176,820 over five years. Portfolio math shows five-year ROI at 122.42% and total cumulative return in cash at $257,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,360/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80224, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,486 (100%) |
| Owner Occupied HU | 4,711 (49.7%) |
| Renter Occupied HU | 4,143 (43.7%) |
| Vacant Housing Units | 632 ( 6.7%) |
| Median Home Value | $657,439 |
| Average Home Value | $720,743 |
Housing Distribution
Address Breakdown
Residential
8,708
Single Family
4,958
Multi-Family
3,750
Businesses
638
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Listed by: Shannon Conry • RE/MAX Alliance
Mls Name: REcolorado
Mls Provider:
Mls ID: #9564254
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