3460 S Poplar Street #307DenverCO80224
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 3460 S Poplar Street #307, Denver, CO, 80224 in Denver. At $234,000 it earns $2,336/mo in rent and distributes $423/mo to the owner after the $1,052/mo payment, a consistent 11.98% yield. DSCR 2.22 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,650 in value; $2,155/yr in principal paydown compounds ownership stake. Total projected return: $117,963.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 3.8% |
| Monthly Cash Flow | $423 | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,336 |
| Total Monthly Debt Service | $1,821 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1978
N/A lot
$N/A/sqft
$538 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80224, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,486 (100%) |
| Owner Occupied HU | 4,711 (49.7%) |
| Renter Occupied HU | 4,143 (43.7%) |
| Vacant Housing Units | 632 ( 6.7%) |
| Median Home Value | $657,439 |
| Average Home Value | $720,743 |
Housing Distribution
Address Breakdown
Residential
8,708
Single Family
4,958
Multi-Family
3,750
Businesses
638
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 1978
N/A lot
$N/A/sqft
$538 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80224, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,486 (100%) |
| Owner Occupied HU | 4,711 (49.7%) |
| Renter Occupied HU | 4,143 (43.7%) |
| Vacant Housing Units | 632 ( 6.7%) |
| Median Home Value | $657,439 |
| Average Home Value | $720,743 |
Housing Distribution
Address Breakdown
Residential
8,708
Single Family
4,958
Multi-Family
3,750
Businesses
638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Smith • CENTURY 21 Golden Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #4663948
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)