1616 S Broadway #300DenverCO80210
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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 1616 S Broadway #300, Denver, CO, 80210 listed at $486,500 pairs $2,336/mo rent with a $2,381/mo payment. Total monthly income runs $2,336/mo. Return on cash invested measures 16.2% in year one, and rental yield registers 5.76% at a $486,500 basis. Equity gained on principal adds $3,139/yr, and annual property appreciation at 5% supports $134,411 by year five. Five-year ROI tracks 82.45% and total cumulative return in cash totals $132,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $2,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80210, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,003 (100%) |
| Owner Occupied HU | 8,844 (49.1%) |
| Renter Occupied HU | 7,799 (43.3%) |
| Vacant Housing Units | 1,360 ( 7.6%) |
| Median Home Value | $955,377 |
| Average Home Value | $1,101,214 |
Housing Distribution
Address Breakdown
Residential
18,152
Single Family
13,382
Multi-Family
4,770
Businesses
1,036
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