3021 Locust StreetDenverCO80207
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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 3021 Locust Street, Denver, CO, 80207 offers $3,084/mo rent that, after a $4,723/mo payment. Total monthly income is $3,084/mo. Return on cash invested measures 10.46% in year one, and rental yield stands at 3.84% at a $965,000 entry. Equity gained on principal adds $6,227/yr while 5% annual appreciation compounds into $266,612 by year five. Five-year ROI records 51.67% and total cumulative return in cash reaches $164,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,084/mo property income versus a $4,723/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,630 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
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