7877 E Mississippi Avenue Unit 308DenverCO80247
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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 7877 E Mississippi Avenue Unit 308, Denver, CO, 80247 generates $2,766/mo in rent, after a $1,757/mo payment. Total monthly income is $2,766/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 9.25% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 102.5% and total cumulative return in cash sums $121,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,766/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$720 monthly HOA
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Listed by: Liliya Getsin • HomeSmart Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #7178103
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