2229 Blake St UNIT 403DenverCO80205
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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
Rental property for sale in Denver at 2229 Blake St UNIT 403, Denver, CO, 80205 generates $2,012/mo in rent, after a $2,200/mo payment. Total monthly income is $2,012/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 5.37% on a $449,499 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation builds toward $124,188 over five years. Five-year ROI reaches 59.91% and total cumulative return in cash sums $89,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,012/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$403 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80205, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,517 (100%) |
| Owner Occupied HU | 6,034 (28.0%) |
| Renter Occupied HU | 12,625 (58.7%) |
| Vacant Housing Units | 2,858 (13.3%) |
| Median Home Value | $719,957 |
| Average Home Value | $830,242 |
Housing Distribution
Address Breakdown
Residential
19,862
Single Family
10,742
Multi-Family
9,120
Businesses
1,358
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Listed by: Sherri Schultz • RE/MAX Alliance-Boulder
Mls Name: IRES
Mls Provider:
Mls ID: #1019197
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.