857 E 98th Avenue #1703ThorntonCO80229
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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 Thornton at 857 E 98th Avenue #1703, Thornton, CO, 80229 offers a 9.09% rental yield on a $415,000 purchase with $3,145/mo rent. Total monthly income registers $3,145/mo, and a $2,031/mo payment leaves $727/mo available for distribution. Annual cash flow reaches $8,720/yr on $137,573 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 136.36% and total cumulative return in cash at $187,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,145/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
1,694 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
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