7420 E Quincy Avenue #605DenverCO80237
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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 Denver at 7420 E Quincy Avenue #605, Denver, CO, 80237 generates $2,034/mo in rent and, after a $1,272/mo payment, leaves $519/mo in cash flow. Total monthly income is $2,034/mo, and annual cash flow is $6,233/yr on $86,157 invested. Return on cash invested sits at 27.14% in year one, and rental yield is 9.39% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 141.19% and total cumulative return in cash sums $121,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,034/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80237, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,716 (100%) |
| Owner Occupied HU | 4,826 (35.2%) |
| Renter Occupied HU | 7,919 (57.7%) |
| Vacant Housing Units | 971 ( 7.1%) |
| Median Home Value | $668,831 |
| Average Home Value | $717,911 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
4,429
Multi-Family
7,613
Businesses
1,065
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