2655 N Locust StreetDenverCO80207
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2655 N Locust Street, Denver, CO, 80207 in Denver the bet is firmly on appreciation. Rental yield 4.8%. The 4.8% gross yield on a $1,399,000 price is below income-first thresholds, but 5%/yr value growth projects $386,518 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.89) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $363,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 3.8% |
| Monthly Cash Flow | $(2,553) | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,600 |
| Total Monthly Debt Service | $7,597 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
8,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80207, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,178 (100%) |
| Owner Occupied HU | 5,679 (61.9%) |
| Renter Occupied HU | 3,156 (34.4%) |
| Vacant Housing Units | 343 ( 3.7%) |
| Median Home Value | $729,003 |
| Average Home Value | $815,572 |
Housing Distribution
Address Breakdown
Residential
8,643
Single Family
8,311
Multi-Family
332
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1946
8,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80207, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,178 (100%) |
| Owner Occupied HU | 5,679 (61.9%) |
| Renter Occupied HU | 3,156 (34.4%) |
| Vacant Housing Units | 343 ( 3.7%) |
| Median Home Value | $729,003 |
| Average Home Value | $815,572 |
Housing Distribution
Address Breakdown
Residential
8,643
Single Family
8,311
Multi-Family
332
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices