7120 Simms Street #202ArvadaCO80004
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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 Arvada at 7120 Simms Street #202, Arvada, CO, 80004 offers a 5.12% rental yield on a $355,000 purchase with $1,516/mo rent. 27% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 72.12% and total cumulative return in cash at $84,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80004, Arvada, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,426 (100%) |
| Owner Occupied HU | 10,128 (65.7%) |
| Renter Occupied HU | 4,758 (30.8%) |
| Vacant Housing Units | 540 ( 3.5%) |
| Median Home Value | $659,177 |
| Average Home Value | $714,830 |
Housing Distribution
Address Breakdown
Residential
15,136
Single Family
13,107
Multi-Family
2,029
Businesses
385
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