6841 Gray DriveArvadaCO80003
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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 6841 Gray Drive, Arvada, CO, 80003 priced at $650,000 converts $5,474/mo rent into $1,686/mo cash flow after a $3,181/mo obligation. Total monthly income equals $5,474/mo, and annual cash flow totals $20,236/yr on $213,850 invested. Return on cash invested prints 29.52% in year one, and rental yield reads 10.11% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 153.9% and total cumulative return in cash sums $329,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,474/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1977
7,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80003, Arvada, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,474 (100%) |
| Owner Occupied HU | 9,363 (69.5%) |
| Renter Occupied HU | 3,634 (27.0%) |
| Vacant Housing Units | 477 ( 3.5%) |
| Median Home Value | $593,100 |
| Average Home Value | $648,002 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
12,144
Multi-Family
2,155
Businesses
695
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Listed by: Joshua Larsen • Keller Williams Realty Urban Elite
Mls Name: REcolorado
Mls Provider:
Mls ID: #9536136
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)