108 W Byers Place #G4DenverCO80223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 108 W Byers Place #G4, Denver, CO, 80223 in Denver hard to pass up. The 11.21% gross yield on a $300,000 purchase results in $2,803/mo in rent and $524/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.08). Annual cash flow of $6,286, five-year appreciation of $82,884, and $2,763/yr in equity build-up combine for a projected total cumulative return of $181,156.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 3.8% |
| Monthly Cash Flow | $524 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,803 |
| Total Monthly Debt Service | $1,629 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices