1419 Detroit Street Unit 34DenverCO80206
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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 1419 Detroit Street Unit 34, Denver, CO, 80206 generates $1,645/mo in rent and, after a $1,040/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,645/mo, and annual cash flow is $1,377/yr on $70,444 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 9.29% on a $212,500 entry. Equity gained on principal adds $1,371/yr, while 5% annual appreciation builds toward $58,710 over five years. Five-year ROI reaches 114.67% and total cumulative return in cash sums $80,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$291 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: Jake Suffian • Milehimodern
Mls Name: REcolorado
Mls Provider:
Mls ID: #3615985
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