8212 Washington St UNIT 24DenverCO80229
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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 8212 Washington St UNIT 24, Denver, CO, 80229 uses $92,820 cash to close to unlock $8,241/yr annual cash flow and $687/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,370/mo payment keeps the spread at $687/mo. Purchase price stands at $280,000, and rental yield measures 11.43% with $2,668/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 151.62% and total cumulative return in cash records $140,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1982
540 sqft lot
$N/A/sqft
$310 monthly 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
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Listed by: Elizabeth Shields • Coldwell Banker Realty-NOCO
Mls Name: IRES
Mls Provider:
Mls ID: #1029568
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.