245 W 4th AvenueDenverCO80223
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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 245 W 4th Avenue, Denver, CO, 80223 with 5% annual appreciation on a $1,195,000 basis while $4,453/mo rent supports operations. 59% in year one. Equity gained on principal adds $7,711/yr, and five-year appreciation sums $330,156 alongside rental yield of 4.47%. Five-year ROI measures 62.99% and total cumulative return in cash totals $243,890. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,453/mo property income versus a $5,849/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
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Listed by: Justin Hawkins • Connett Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #8428160
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)