1848 Grove StDenverCO80204
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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 1848 Grove St, Denver, CO, 80204 offers a 7.05% rental yield on a $660,300 purchase with $3,881/mo rent. Total monthly income registers $3,881/mo, and a $3,232/mo payment leaves $33/mo available for distribution. Annual cash flow reaches $393/yr on $217,239 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $4,261/yr while 5% annual appreciation supports $182,429 over five years. Portfolio math shows five-year ROI at 104.11% and total cumulative return in cash at $226,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,881/mo property income against a $3,232/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80204, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,934 (100%) |
| Owner Occupied HU | 5,694 (24.8%) |
| Renter Occupied HU | 12,927 (56.4%) |
| Vacant Housing Units | 4,313 (18.8%) |
| Median Home Value | $660,324 |
| Average Home Value | $752,711 |
Housing Distribution
Address Breakdown
Residential
19,213
Single Family
9,012
Multi-Family
10,201
Businesses
1,806
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