8187 Martin Luther King BoulevardDenverCO80238
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 Denver at 8187 Martin Luther King Boulevard, Denver, CO, 80238 priced at $246,338 converts $3,140/mo rent into $1,344/mo cash flow after a $1,206/mo obligation. Total monthly income equals $3,140/mo, and annual cash flow totals $16,129/yr on $81,661 invested. Return on cash invested prints 39.66% in year one, and rental yield reads 15.3% against a $246,338 entry. Equity gained on principal adds $1,590/yr, while 5% annual appreciation compiles into $68,059 by year five. Five-year ROI reaches 210.25% and total cumulative return in cash sums $171,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,140/mo property income covering a $1,206/mo payment, not borrower’s personal income.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
$360 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: Isabel Acosta • HomeSmart Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #6649420
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)