8717 E 29th PlaceDenverCO80238
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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 8717 E 29th Place, Denver, CO, 80238 offers a 8.18% rental yield on a $549,799 purchase with $3,746/mo rent. Total monthly income registers $3,746/mo, and a $2,691/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,502/yr on $180,884 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,899 over five years. Portfolio math shows five-year ROI at 122.42% and total cumulative return in cash at $221,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,746/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,734 sqft lot
$N/A/sqft
No 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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