7040 E Girard Avenue #406DenverCO80224
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 Avenue #406, Denver, CO, 80224 earns from $2,700/mo rent with a $1,713/mo payment. Total monthly income totals $2,700/mo. ROI tracks 19.03% on current figures, and rental yield reads 9.26% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 100.49% and total cumulative return in cash sums $116,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,700/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$745 monthly 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
Listed by: Donna Nelson • Corcoran Perry & Co.
Mls Name: REcolorado
Mls Provider:
Mls ID: #4145874
Disclaimer: 2025 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](/mls-disclaimers/#17059)