8707 E Florida Avenue Unit 708DenverCO80247
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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
Rental property for sale in Denver at 8707 E Florida Avenue Unit 708, Denver, CO, 80247 generates $2,206/mo in rent and, after a $1,541/mo payment, leaves $42/mo in cash flow. Total monthly income is $2,206/mo, and annual cash flow is $505/yr on $104,389 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.41% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 106.37% and total cumulative return in cash sums $111,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,206/mo property income rather than buyer’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$329 monthly HOA
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Listed by: Gary Abrams • EXCLUSIVE REAL ESTATE COMPANY
Mls Name: REcolorado
Mls Provider:
Mls ID: #6215525
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