This 4-bed/4-bath ranch in Denver offers exceptional rental potential with estimated monthly revenue ranging from $3,400 to $4,795. Based on current Denver market data showing average rents of $2,995 with year-over-year growth, this property's multi-generational layout with two in-law suites creates unique income opportunities. The University Hills location provides easy access to downtown and DTC, enhancing its appeal. With 2,212 sqft on a 6,700 sqft lot and recent renovations, this property could achieve a 5-6 year payback period in a market where rental inventory remains competitive despite some flattening in the broader market.
Consider marketing this property specifically to investors seeking multi-family returns without multi-family zoning challenges. The in-law suites could be enhanced with minor upgrades to create distinct living spaces, potentially commanding premium rents. For the current owner, staging the property to showcase the separate living areas would maximize sale price. I'd suggest installing separate utility meters to allow tenants to pay their own utilities, making it more attractive to investors. Also, highlight the recent addition and emphasize the property's location in a neighborhood where rental demand remains strong despite market fluctuations.