815 E 98th Avenue #705ThorntonCO80229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thornton at 815 E 98th Avenue #705, Thornton, CO, 80229 generates $3,499/mo in rent and, after a $2,300/mo payment, leaves $760/mo in cash flow. Total monthly income is $3,499/mo, and annual cash flow is $9,124/yr on $155,805 invested. Return on cash invested sits at 25.77% in year one, and rental yield is 8.93% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash sums $208,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,499/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
1,862 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80229, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 11,513 (58.6%) |
| Renter Occupied HU | 7,336 (37.4%) |
| Vacant Housing Units | 790 ( 4.0%) |
| Median Home Value | $446,679 |
| Average Home Value | $440,243 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,881
Multi-Family
5,249
Businesses
1,222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices