1020 15th Street Unit 9bDenverCO80202
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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 1020 15th Street Unit 9b, Denver, CO, 80202 listed at $224,900 pairs $1,814/mo rent with a $1,101/mo payment to leave $227/mo cash flow. Total monthly income runs $1,814/mo, and annual cash flow reaches $2,725/yr on $74,554 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 9.68% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 123.63% and total cumulative return in cash totals $92,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,814/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
$276 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80202, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,689 (100%) |
| Owner Occupied HU | 2,637 (18.0%) |
| Renter Occupied HU | 9,784 (66.6%) |
| Vacant Housing Units | 2,268 (15.4%) |
| Median Home Value | $939,050 |
| Average Home Value | $1,004,690 |
Housing Distribution
Address Breakdown
Residential
14,789
Single Family
71
Multi-Family
14,718
Businesses
2,959
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Listed by: Abel Reyes • The BLOCK inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #5795636
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)