1301 Speer Boulevard Unit 310DenverCO80204
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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 1301 Speer Boulevard Unit 310, Denver, CO, 80204 listed at $332,500 pairs $2,846/mo rent with a $1,627/mo payment to leave $125/mo cash flow. Total monthly income runs $2,846/mo, and annual cash flow reaches $1,496/yr on $110,224 cash to close. Return on cash invested measures 21.27% in year one, and rental yield registers 10.27% at a $332,500 basis. Equity gained on principal adds $2,146/yr, and annual property appreciation at 5% supports $91,864 by year five. Five-year ROI tracks 112.75% and total cumulative return in cash totals $124,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,846/mo property income relative to a $1,627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
N/A lot
$N/A/sqft
$784 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: Daniel Villanueva • Compass - Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #7601683
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)