6906 E Dickenson PlaceDenverCO80224
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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 6906 E Dickenson Place, Denver, CO, 80224 offers a 7.68% rental yield on a $675,000 purchase with $4,321/mo rent. Total monthly income registers $4,321/mo, and a $3,304/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,644/yr on $222,075 to close, and return on cash invested stands at 22.15% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 114.35% and total cumulative return in cash at $253,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,321/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,583 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: Beth Baker Owens • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #3890327
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)