1416 N Downing Street #2DenverCO80218
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
Investment Highlights
Investment property for sale in Denver at 1416 N Downing Street #2, Denver, CO, 80218 uses $77,903 cash to close to unlock $6,764/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,933/mo, and a $1,150/mo payment keeps the spread at $564/mo. Purchase price stands at $235,000, and rental yield measures 9.87% with $1,933/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 148.95% and total cumulative return in cash records $116,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,933/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80218, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,140 (100%) |
| Owner Occupied HU | 3,327 (27.4%) |
| Renter Occupied HU | 8,096 (66.7%) |
| Vacant Housing Units | 717 ( 5.9%) |
| Median Home Value | $816,377 |
| Average Home Value | $955,135 |
Housing Distribution
Address Breakdown
Residential
12,782
Single Family
3,836
Multi-Family
8,946
Businesses
893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices