3211 N Steele StreetDenverCO80205
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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
Investment property for sale in Denver at 3211 N Steele Street, Denver, CO, 80205 offers a 9.6% rental yield on a $359,900 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,762/mo payment leaves $782/mo available for distribution. Annual cash flow reaches $9,385/yr on $119,307 to close, and return on cash invested stands at 27.78% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 144.59% and total cumulative return in cash at $172,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1951
2,358 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80205, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,517 (100%) |
| Owner Occupied HU | 6,034 (28.0%) |
| Renter Occupied HU | 12,625 (58.7%) |
| Vacant Housing Units | 2,858 (13.3%) |
| Median Home Value | $719,957 |
| Average Home Value | $830,242 |
Housing Distribution
Address Breakdown
Residential
19,862
Single Family
10,742
Multi-Family
9,120
Businesses
1,358
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