805 E 7th Ave APT 8DenverCO80218
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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 Denver at 805 E 7th Ave APT 8, Denver, CO, 80218 uses $116,025 cash to close to unlock $4,112/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,957/mo, and a $1,713/mo payment keeps the spread at $343/mo. Purchase price stands at $350,000, and rental yield measures 10.14% with $2,957/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.52% and total cumulative return in cash records $143,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,957/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
910.40 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80218, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,140 (100%) |
| Owner Occupied HU | 3,327 (27.4%) |
| Renter Occupied HU | 8,096 (66.7%) |
| Vacant Housing Units | 717 ( 5.9%) |
| Median Home Value | $816,377 |
| Average Home Value | $955,135 |
Housing Distribution
Address Breakdown
Residential
12,782
Single Family
3,836
Multi-Family
8,946
Businesses
893
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Listed by: Deborah Shultz ABR CLP CRS MRP REOS SFR SRES SRS • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7150280
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