2370 S Franklin StreetDenverCO80210
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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 2370 S Franklin Street, Denver, CO, 80210 priced at $598,388 converts $3,600/mo rent into $113/mo cash flow after a $2,929/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $1,350/yr on $196,870 invested. Return on cash invested prints 20.75% in year one, and rental yield reads 7.22% against a $598,388 entry. Equity gained on principal adds $3,861/yr, while 5% annual appreciation compiles into $165,324 by year five. Five-year ROI reaches 106.82% and total cumulative return in cash sums $210,298. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $2,929/mo payment, not borrower’s personal income.
Single Family
Built in 1928
7,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80210, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,003 (100%) |
| Owner Occupied HU | 8,844 (49.1%) |
| Renter Occupied HU | 7,799 (43.3%) |
| Vacant Housing Units | 1,360 ( 7.6%) |
| Median Home Value | $955,377 |
| Average Home Value | $1,101,214 |
Housing Distribution
Address Breakdown
Residential
18,152
Single Family
13,382
Multi-Family
4,770
Businesses
1,036
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Listed by: Jim Gordon • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #6866541
Disclaimer: 2023 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)