747 W 96th Avenue Unit 2ThorntonCO80260
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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 Thornton at 747 W 96th Avenue Unit 2, Thornton, CO, 80260 listed at $215,000 pairs $2,011/mo rent with a $1,052/mo payment to leave $325/mo cash flow. Total monthly income runs $2,011/mo, and annual cash flow reaches $3,904/yr on $71,273 cash to close. Return on cash invested measures 25.39% in year one, and rental yield registers 11.22% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 134.43% and total cumulative return in cash totals $95,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,011/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$433 monthly 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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Listed by: Kendra Serrano • Keller Williams Preferred Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #8555078
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)