2708 Syracuse Street Unit 109DenverCO80238
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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 2708 Syracuse Street Unit 109, Denver, CO, 80238 earns $257/mo cash flow from $2,762/mo rent with a $1,823/mo payment. Total monthly income totals $2,762/mo, and annual cash flow totals $3,079/yr on $123,484 capital. ROI tracks 22.4% on current figures, and rental yield reads 8.9% at a $372,500 purchase. Equity gained on principal adds $2,404/yr, and 5% annual appreciation supports $102,915 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash sums $144,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,762/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$264 monthly 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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Listed by: Karolyn Cummings • CENTRAL PARK REALTY LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #6678791
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