310 S Glencoe StreetDenverCO80246
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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 310 S Glencoe Street, Denver, CO, 80246 priced at $1,000,000 converts $8,531/mo rent into $2,703/mo cash flow after a $4,895/mo obligation. Total monthly income equals $8,531/mo, and annual cash flow totals $32,432/yr on $329,000 invested. Return on cash invested prints 29.92% in year one, and rental yield reads 10.24% against a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,282 by year five. Five-year ROI reaches 156% and total cumulative return in cash sums $513,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,531/mo property income covering a $4,895/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80246, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,981 (100%) |
| Owner Occupied HU | 1,427 (17.9%) |
| Renter Occupied HU | 5,929 (74.3%) |
| Vacant Housing Units | 625 ( 7.8%) |
| Median Home Value | $729,955 |
| Average Home Value | $930,253 |
Housing Distribution
Address Breakdown
Residential
7,794
Single Family
1,822
Multi-Family
5,972
Businesses
1,125
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Listed by: Irene Shick • Keller Williams Partners Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #8492044
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)