3100 E Cherry Creek South Drive #1403DenverCO80209
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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 3100 E Cherry Creek South Drive #1403, Denver, CO, 80209 generates $2,605/mo in rent, after a $2,053/mo payment. Total monthly income is $2,605/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 7.45% on a $419,500 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation builds toward $115,900 over five years. Five-year ROI reaches 81.89% and total cumulative return in cash sums $113,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,605/mo property income rather than buyer’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$647 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80209, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,199 (100%) |
| Owner Occupied HU | 6,640 (41.0%) |
| Renter Occupied HU | 8,227 (50.8%) |
| Vacant Housing Units | 1,332 ( 8.2%) |
| Median Home Value | $1,154,232 |
| Average Home Value | $1,260,413 |
Housing Distribution
Address Breakdown
Residential
15,556
Single Family
8,573
Multi-Family
6,983
Businesses
1,011
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Listed by: Sarabeth Jones • LIV Sotheby's International Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #4090137
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