2448 Syracuse StreetDenverCO80238
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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 2448 Syracuse Street, Denver, CO, 80238 offers a 7.37% rental yield on a $450,000 purchase with $2,762/mo rent. Total monthly income registers $2,762/mo, and a $2,203/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,668/yr on $149,175 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 108.35% and total cumulative return in cash at $161,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,762/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80238, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,298 (100%) |
| Owner Occupied HU | 8,353 (62.8%) |
| Renter Occupied HU | 3,572 (26.9%) |
| Vacant Housing Units | 1,373 (10.3%) |
| Median Home Value | $894,472 |
| Average Home Value | $979,215 |
Housing Distribution
Address Breakdown
Residential
12,385
Single Family
9,323
Multi-Family
3,062
Businesses
474
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