9550 E Florida Avenue #2016DenverCO80247
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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 9550 E Florida Avenue #2016, Denver, CO, 80247 uses $120,998 cash to close to unlock $232/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $2,536/mo, and a $1,786/mo payment keeps the spread at $19/mo. Purchase price stands at $365,000, and rental yield measures 8.34% with $2,536/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 104.82% and total cumulative return in cash records $126,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,536/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$390 monthly HOA
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Listed by: Anna Krioukova • Start Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #5840979
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