1050 Cherokee Street Unit 406DenverCO80204
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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
Total monthly income runs $2,930/mo, and a $2,638/mo payment. Purchase price stands at $539,000, and rental yield measures 6.52% with $2,930/mo rent. Return on cash invested shows 15.82% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 81.44% and total cumulative return in cash records $144,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,930/mo property income covering a $2,638/mo payment rather than investor’s personal income.
Condo
Built in 1998
1,141 sqft lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80204, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,934 (100%) |
| Owner Occupied HU | 5,694 (24.8%) |
| Renter Occupied HU | 12,927 (56.4%) |
| Vacant Housing Units | 4,313 (18.8%) |
| Median Home Value | $660,324 |
| Average Home Value | $752,711 |
Housing Distribution
Address Breakdown
Residential
19,213
Single Family
9,012
Multi-Family
10,201
Businesses
1,806
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Listed by: Margheim | Sophinos Residential Real Estate Greg Margheim & Kel • KENTWOOD REAL ESTATE DTC, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #7171222
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