2400 N Broadway Unit 3DenverCO80205
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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 2400 N Broadway Unit 3, Denver, CO, 80205 listed at $1,075,000 pairs $1,759/mo rent with a $5,262/mo payment. Total monthly income runs $1,759/mo. Return on cash invested measures 3.25% in year one, and rental yield registers 1.96% at a $1,075,000 basis. Equity gained on principal adds $6,937/yr, and annual property appreciation at 5% supports $297,003 by year five. Five-year ROI tracks 13.5% and total cumulative return in cash totals $47,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,759/mo property income relative to a $5,262/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
$1,388 quarterly 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: Tara King • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #5143100
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