7040 E Girard Ave #103DenverCO80224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7040 E Girard Ave #103, Denver, CO, 80224 offers a 10.44% rental yield on a $248,000 purchase with $2,158/mo rent. Total monthly income registers $2,158/mo, and a $1,214/mo payment leaves $713/mo available for distribution. Annual cash flow reaches $8,550/yr on $82,212 to close, and return on cash invested stands at 30.31% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 158.17% and total cumulative return in cash at $130,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,158/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices