385 Grape StreetDenverCO80220
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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
Total monthly income runs $4,200/mo, and a $7,288/mo payment. Purchase price stands at $1,489,000, and rental yield measures 3.38% with $4,200/mo rent. Return on cash invested shows 9.23% in year one, and 5% annual appreciation builds toward $411,383 over five years. Five-year ROI reaches 45.01% and total cumulative return in cash records $217,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $7,288/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80220, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,999 (100%) |
| Owner Occupied HU | 8,855 (49.2%) |
| Renter Occupied HU | 7,881 (43.8%) |
| Vacant Housing Units | 1,263 ( 7.0%) |
| Median Home Value | $861,427 |
| Average Home Value | $997,094 |
Housing Distribution
Address Breakdown
Residential
17,106
Single Family
11,723
Multi-Family
5,383
Businesses
1,069
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Listed by: Tina Parks • eXp Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #2510338
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)