1898 S Bannock St #209DenverCO80223
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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
Total monthly income runs $3,014/mo, and a $2,321/mo payment. Purchase price stands at $474,200, and rental yield measures 7.63% with $3,014/mo rent. Return on cash invested shows 19.57% in year one, and 5% annual appreciation builds toward $131,013 over five years. Five-year ROI reaches 101.37% and total cumulative return in cash records $159,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,014/mo property income covering a $2,321/mo payment rather than investor’s personal income.
Condo
Built in 2021
341 sqft lot
$N/A/sqft
$295 monthly 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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