1488 Madison Street #211DenverCO80206
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 1488 Madison Street #211, Denver, CO, 80206 offers a 8.78% rental yield on a $224,900 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $1,101/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,213/yr on $74,554 to close, and return on cash invested stands at 21.54% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 112.53% and total cumulative return in cash at $83,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$233 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Soledad Tobar • Coldwell Banker Realty 18
Mls Name: REcolorado
Mls Provider:
Mls ID: #8435438
Disclaimer: 2025 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](/mls-disclaimers/#17059)