8200 E 8th Avenue #1203DenverCO80230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 8200 E 8th Avenue #1203, Denver, CO, 80230 in Denver worth modelling. At $389,000 with a 8.67% gross yield, the $2,809/mo rent leaves $75/mo after the $1,749/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.61 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $107,474 by year five; $3,583/yr in principal reduction adds further equity. Total projected return: $181,761.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 3.8% |
| Monthly Cash Flow | $75 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,809 |
| Total Monthly Debt Service | $2,112 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80230, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 2,235 (39.1%) |
| Renter Occupied HU | 2,526 (44.2%) |
| Vacant Housing Units | 957 (16.7%) |
| Median Home Value | $916,773 |
| Average Home Value | $1,028,383 |
Housing Distribution
Address Breakdown
Residential
5,073
Single Family
2,552
Multi-Family
2,521
Businesses
198
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
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80230, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 2,235 (39.1%) |
| Renter Occupied HU | 2,526 (44.2%) |
| Vacant Housing Units | 957 (16.7%) |
| Median Home Value | $916,773 |
| Average Home Value | $1,028,383 |
Housing Distribution
Address Breakdown
Residential
5,073
Single Family
2,552
Multi-Family
2,521
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices