4650 Race StreetDenverCO80216
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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 4650 Race Street, Denver, CO, 80216 uses $205,625 cash to close to unlock $1,148/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $3,738/mo, and a $3,059/mo payment keeps the spread at $96/mo. Purchase price stands at $625,000, and rental yield measures 7.18% with $3,738/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 106.13% and total cumulative return in cash records $218,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,738/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Multi Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80216, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,537 (100%) |
| Owner Occupied HU | 1,957 (17.0%) |
| Renter Occupied HU | 7,304 (63.3%) |
| Vacant Housing Units | 2,276 (19.7%) |
| Median Home Value | $469,439 |
| Average Home Value | $547,547 |
Housing Distribution
Address Breakdown
Residential
7,687
Single Family
2,921
Multi-Family
4,766
Businesses
2,201
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Listed by: Cydnie Vasquez • Keller Williams Realty Downtown LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #4190590
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)