160 S Cherokee StreetDenverCO80223
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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 160 S Cherokee Street, Denver, CO, 80223 offers a 7.15% rental yield on a $345,000 purchase with $2,056/mo rent. Total monthly income registers $2,056/mo, and a $1,689/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $540/yr on $114,368 to close, and return on cash invested stands at 20.38% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 104.89% and total cumulative return in cash at $119,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,056/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
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Listed by: Vivi Gloriod • eXp Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3868414
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)