6875 Reno DriveArvadaCO80002
Nearby investment properties with comparable rents
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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 6875 Reno Drive, Arvada, CO, 80002 priced at $570,000 converts $2,562/mo rent into after a $2,790/mo obligation. Total monthly income equals $2,562/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 5.39% against a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation compiles into $157,480 by year five. Five-year ROI reaches 77.06% and total cumulative return in cash sums $144,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,562/mo property income covering a $2,790/mo payment, not borrower’s personal income.
Single Family
Built in 1951
5,764 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80002, Arvada, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,331 (100%) |
| Owner Occupied HU | 3,968 (42.5%) |
| Renter Occupied HU | 4,737 (50.8%) |
| Vacant Housing Units | 626 ( 6.7%) |
| Median Home Value | $676,858 |
| Average Home Value | $755,413 |
Housing Distribution
Address Breakdown
Residential
9,647
Single Family
7,243
Multi-Family
2,404
Businesses
1,176
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Listed by: Stefan Todorov • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #5203392
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