2397 S Locust StreetDenverCO80222
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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
Total monthly income runs $1,799/mo, and a $5,139/mo payment. Purchase price stands at $1,050,000, and rental yield measures 2.06% with $1,799/mo rent. Return on cash invested shows 5.13% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 23.01% and total cumulative return in cash records $78,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Multi Family
Built in 1966
6,170 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80222, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,819 (100%) |
| Owner Occupied HU | 5,069 (42.9%) |
| Renter Occupied HU | 5,732 (48.5%) |
| Vacant Housing Units | 1,018 ( 8.6%) |
| Median Home Value | $670,086 |
| Average Home Value | $719,044 |
Housing Distribution
Address Breakdown
Residential
10,998
Single Family
6,607
Multi-Family
4,391
Businesses
1,744
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Listed by: Philip Dankner • Unique Properties LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3554733
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)