1551 Larimer Street #503DenverCO80202
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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 1551 Larimer Street #503, Denver, CO, 80202 uses $132,269 cash to close to unlock $4,560/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $3,605/mo, and a $1,953/mo payment keeps the spread at $380/mo. Purchase price stands at $399,000, and rental yield measures 10.84% with $3,605/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash records $163,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,605/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$864 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80202, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,689 (100%) |
| Owner Occupied HU | 2,637 (18.0%) |
| Renter Occupied HU | 9,784 (66.6%) |
| Vacant Housing Units | 2,268 (15.4%) |
| Median Home Value | $939,050 |
| Average Home Value | $1,004,690 |
Housing Distribution
Address Breakdown
Residential
14,789
Single Family
71
Multi-Family
14,718
Businesses
2,959
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Listed by: Brendan Gustafson • Kentwood Real Estate City Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #5715851
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)