7777 E 23rd Avenue #1202DenverCO80238
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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 7777 E 23rd Avenue #1202, Denver, CO, 80238 generates $2,747/mo in rent, after a $2,239/mo payment. Total monthly income is $2,747/mo. Return on cash invested sits at 14.96% in year one, and rental yield is 7.21% on a $457,500 entry. Equity gained on principal adds $2,952/yr, while 5% annual appreciation builds toward $126,399 over five years. Five-year ROI reaches 77.82% and total cumulative return in cash sums $118,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,747/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$497 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80238, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,298 (100%) |
| Owner Occupied HU | 8,353 (62.8%) |
| Renter Occupied HU | 3,572 (26.9%) |
| Vacant Housing Units | 1,373 (10.3%) |
| Median Home Value | $894,472 |
| Average Home Value | $979,215 |
Housing Distribution
Address Breakdown
Residential
12,385
Single Family
9,323
Multi-Family
3,062
Businesses
474
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Listed by: Christopher Harvey • RE/MAX of Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #7009783
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)