3603 Meade StreetDenverCO80211
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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 3603 Meade Street, Denver, CO, 80211 priced at $695,000 pairs $4,519/mo rent with $468/mo cash flow after a $3,402/mo payment. Total monthly income equals $4,519/mo, and annual cash flow comes to $5,620/yr on $228,655 invested. Return on cash invested is 22.52% in year one, and rental yield stands at 7.8% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 116.33% and total cumulative return in cash reaches $265,998. For financing, Ziffy Mortgage’s DSCR program evaluates $4,519/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
4,690 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80211, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,196 (100%) |
| Owner Occupied HU | 8,738 (37.7%) |
| Renter Occupied HU | 12,264 (52.9%) |
| Vacant Housing Units | 2,194 ( 9.5%) |
| Median Home Value | $834,101 |
| Average Home Value | $923,954 |
Housing Distribution
Address Breakdown
Residential
20,722
Single Family
13,672
Multi-Family
7,050
Businesses
1,314
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Listed by: Patrick Rampi • MODUS Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #4541508
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)