2743 S Reading CourtDenverCO80231
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 2743 S Reading Court, Denver, CO, 80231 in Denver. At $625,900 it earns $4,050/mo in rent and distributes $381/mo to the owner after the $2,814/mo payment, a consistent 7.76% yield. DSCR 1.44 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $172,925 in value; $5,765/yr in principal paydown compounds ownership stake. Total projected return: $260,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 3.8% |
| Monthly Cash Flow | $381 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,050 |
| Total Monthly Debt Service | $3,419 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1974
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80231, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,682 (100%) |
| Owner Occupied HU | 5,982 (33.8%) |
| Renter Occupied HU | 10,644 (60.2%) |
| Vacant Housing Units | 1,056 ( 6.0%) |
| Median Home Value | $592,032 |
| Average Home Value | $637,644 |
Housing Distribution
Address Breakdown
Residential
17,646
Single Family
5,300
Multi-Family
12,346
Businesses
1,205
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 1974
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80231, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,682 (100%) |
| Owner Occupied HU | 5,982 (33.8%) |
| Renter Occupied HU | 10,644 (60.2%) |
| Vacant Housing Units | 1,056 ( 6.0%) |
| Median Home Value | $592,032 |
| Average Home Value | $637,644 |
Housing Distribution
Address Breakdown
Residential
17,646
Single Family
5,300
Multi-Family
12,346
Businesses
1,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie Vincent • Keller Williams Action Realty LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #2477609
Disclaimer: 2025 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](/mls-disclaimers/#17059)