Rent report generated Dec 16, 2024
The Rent Potential of
7109 W 61st Ave Arvada, CO
is $2,195 – $2,300/mo.
Rent Advice
This Arvada property offers a strong rental potential, with monthly rents estimated between $2,195 and $2,300 based on comparable data. With the ability to convert the existing lot into multiple units, there's a substantial opportunity for increased revenue and a faster payback period. The neighborhood's growth trend and proximity to amenities in Olde Town add to its allure. However, the property's age and condition may require some updates to maximize its appeal.
Consider updating the property's interiors to enhance its rental value, potentially increasing rent beyond the current estimate. If selling, highlight the development potential of the lot, allowing for multiple units, which could attract investors looking for high ROI opportunities. Enhancing curb appeal and modernizing the interior could also attract higher-paying tenants or buyers.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.