875 E 78th Avenue #39DenverCO80229
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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 875 E 78th Avenue #39, Denver, CO, 80229 uses $120,998 cash to close to unlock $9,556/yr annual cash flow and $796/mo monthly cash flow. Total monthly income runs $2,923/mo, and a $1,786/mo payment keeps the spread at $796/mo. Purchase price stands at $365,000, and rental yield measures 9.61% with $2,923/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 144.73% and total cumulative return in cash records $175,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,923/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 2019
1,225 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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