1950 N Logan Street #408DenverCO80203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Denver at 1950 N Logan Street #408, Denver, CO, 80203 generates $1,966/mo in rent and, after a $1,640/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,966/mo, and annual cash flow is $160/yr on $111,053 invested. Return on cash invested sits at 20.05% in year one, and rental yield is 7.04% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 103.17% and total cumulative return in cash sums $114,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Condo
Built in 2003
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80203, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,269 (100%) |
| Owner Occupied HU | 2,864 (14.9%) |
| Renter Occupied HU | 14,717 (76.4%) |
| Vacant Housing Units | 1,688 ( 8.8%) |
| Median Home Value | $602,897 |
| Average Home Value | $716,508 |
Housing Distribution
Address Breakdown
Residential
17,723
Single Family
1,914
Multi-Family
15,809
Businesses
1,433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices