2400 N Broadway UNIT 5DenverCO80205
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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 5, Denver, CO, 80205 earns from $1,759/mo rent with a $3,128/mo payment. Total monthly income totals $1,759/mo. ROI tracks 6.63% on current figures, and rental yield reads 3.3% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 31.91% and total cumulative return in cash sums $67,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,759/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$388 monthly 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: IRES
Mls Provider:
Mls ID: #1031270
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.