231 N Sherman StreetDenverCO80203
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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 231 N Sherman Street, Denver, CO, 80203 priced at $1,250,000 pairs $5,394/mo rent with after a $6,118/mo payment. Total monthly income equals $5,394/mo. Return on cash invested is 14.77% in year one, and rental yield stands at 5.18% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 74.69% and total cumulative return in cash reaches $302,509. For financing, Ziffy Mortgage’s DSCR program evaluates $5,394/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,687 sqft 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
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Listed by: Barb Perruccio • GREAT PLACE REAL ESTATE INC
Mls Name: REcolorado
Mls Provider:
Mls ID: #8858403
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)