1285 N Colorado Boulevard Unit 4DenverCO80206
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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
Rental property for sale in Denver at 1285 N Colorado Boulevard Unit 4, Denver, CO, 80206 generates $2,150/mo in rent, after a $1,468/mo payment. Total monthly income is $2,150/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 8.6% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 100.01% and total cumulative return in cash sums $99,456. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,150/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$470 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80206, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,670 (100%) |
| Owner Occupied HU | 5,584 (35.6%) |
| Renter Occupied HU | 8,955 (57.1%) |
| Vacant Housing Units | 1,131 ( 7.2%) |
| Median Home Value | $987,422 |
| Average Home Value | $1,137,276 |
Housing Distribution
Address Breakdown
Residential
14,895
Single Family
6,738
Multi-Family
8,157
Businesses
1,617
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Listed by: Royel Chakraborty • LPT Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #5105999
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)