4385 S Balsam Street Unit 8-104DenverCO80123
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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 4385 S Balsam Street Unit 8-104, Denver, CO, 80123 offers a 7.94% rental yield on a $370,000 purchase with $2,449/mo rent. Total monthly income registers $2,449/mo, and a $1,811/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $692/yr on $122,655 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 106.22% and total cumulative return in cash at $130,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,449/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
$2,820 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80123, Littleton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,378 (100%) |
| Owner Occupied HU | 13,593 (66.7%) |
| Renter Occupied HU | 6,153 (30.2%) |
| Vacant Housing Units | 632 ( 3.1%) |
| Median Home Value | $663,424 |
| Average Home Value | $759,243 |
Housing Distribution
Address Breakdown
Residential
19,940
Single Family
13,967
Multi-Family
5,973
Businesses
836
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Listed by: David Pike • Coldwell Banker Realty 54
Mls Name: REcolorado
Mls Provider:
Mls ID: #3422941
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)