1446 N Gilpin Street #5DenverCO80218
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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 1446 N Gilpin Street #5, Denver, CO, 80218 uses $120,998 cash to close to unlock $1,528/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,786/mo payment keeps the spread at $127/mo. Purchase price stands at $365,000, and rental yield measures 7.41% with $2,254/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 109.17% and total cumulative return in cash records $132,091. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1929
9,441 sqft 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
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