2346 N Gilpin StreetDenverCO80205
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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 2346 N Gilpin Street, Denver, CO, 80205 uses $196,413 cash to close to unlock $4,430/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $3,923/mo, and a $2,922/mo payment keeps the spread at $369/mo. Purchase price stands at $597,000, and rental yield measures 7.89% with $3,923/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $164,940 over five years. Five-year ROI reaches 115.42% and total cumulative return in cash records $226,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,923/mo property income covering a $2,922/mo payment rather than investor’s personal income.
Single Family
Built in 1890
5,570 sqft lot
$N/A/sqft
No 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: Andra Berzins • Keller Williams Integrity Real Estate LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #9267150
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](/mls-disclaimers/#17059)