707 W 96th Avenue #12ThorntonCO80260
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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 Thornton at 707 W 96th Avenue #12, Thornton, CO, 80260 generates $2,159/mo in rent and, after a $1,062/mo payment, leaves $894/mo in cash flow. Total monthly income is $2,159/mo, and annual cash flow is $10,734/yr on $71,936 invested. Return on cash invested sits at 34.83% in year one, and rental yield is 11.94% on a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 182.44% and total cumulative return in cash sums $131,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,159/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80260, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 7,366 (58.0%) |
| Renter Occupied HU | 4,766 (37.5%) |
| Vacant Housing Units | 561 ( 4.4%) |
| Median Home Value | $221,519 |
| Average Home Value | $287,933 |
Housing Distribution
Address Breakdown
Residential
12,966
Single Family
6,702
Multi-Family
6,264
Businesses
486
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