9700 E Iliff Avenue Bldg K #K138DenverCO80231
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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 9700 E Iliff Avenue Bldg K #K138, Denver, CO, 80231 generates $1,585/mo in rent and, after a $1,076/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,585/mo, and annual cash flow is $3,645/yr on $72,897 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.65% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 129.18% and total cumulative return in cash sums $94,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,585/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80231, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,682 (100%) |
| Owner Occupied HU | 5,982 (33.8%) |
| Renter Occupied HU | 10,644 (60.2%) |
| Vacant Housing Units | 1,056 ( 6.0%) |
| Median Home Value | $592,032 |
| Average Home Value | $637,644 |
Housing Distribution
Address Breakdown
Residential
17,646
Single Family
5,300
Multi-Family
12,346
Businesses
1,205
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