2880 S Locust Street Bldg S #109DenverCO80222
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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
Rental property for sale in Denver at 2880 S Locust Street Bldg S #109, Denver, CO, 80222 generates $1,413/mo in rent and, after a $920/mo payment, leaves $318/mo in cash flow. Total monthly income is $1,413/mo, and annual cash flow is $3,810/yr on $62,322 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.02% on a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash sums $84,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,413/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80222, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,819 (100%) |
| Owner Occupied HU | 5,069 (42.9%) |
| Renter Occupied HU | 5,732 (48.5%) |
| Vacant Housing Units | 1,018 ( 8.6%) |
| Median Home Value | $670,086 |
| Average Home Value | $719,044 |
Housing Distribution
Address Breakdown
Residential
10,998
Single Family
6,607
Multi-Family
4,391
Businesses
1,744
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