3131 E Alameda Avenue #1107DenverCO80209
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3131 E Alameda Avenue #1107, Denver, CO, 80209 in Denver carries a 1.64 coverage ratio, rent of $5,882/mo is 1.64 times the $3,597/mo payment. Rental yield 8.82%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $800,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $221,025; total projected cumulative return: $273,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 3.8% |
| Monthly Cash Flow | $(572) | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,882 |
| Total Monthly Debt Service | $6,136 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1966
N/A lot
$N/A/sqft
$1,696 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
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
Condo
Built in 1966
N/A lot
$N/A/sqft
$1,696 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Cramer • Camber Realty, LTD
Mls Name: REcolorado
Mls Provider:
Mls ID: #7789300
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)