490 Columbine Street #5DenverCO80206
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 490 Columbine Street #5, Denver, CO, 80206 in Denver at $1,745,000, 1.32% gross yield, is a market-growth asset. Rental yield 1.32%. The $1,914/mo rent partially funds the $7,847/mo debt service; the core return is the 5%/yr price growth projected to add $482,111 over five years. Ziffy Mortgage's DSCR mortgage (0.24) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $74,448.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 3.8% |
| Monthly Cash Flow | $(9,142) | $1,850 |
City averages based on Denver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $10,362 |
| DSCR Ratio | 0.18x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1985
2,746 sqft lot
$N/A/sqft
$2,660 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80206, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,670 (100%) |
| Owner Occupied HU | 5,584 (35.6%) |
| Renter Occupied HU | 8,955 (57.1%) |
| Vacant Housing Units | 1,131 ( 7.2%) |
| Median Home Value | $987,422 |
| Average Home Value | $1,137,276 |
Housing Distribution
Address Breakdown
Residential
14,895
Single Family
6,738
Multi-Family
8,157
Businesses
1,617
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
Townhouse
Built in 1985
2,746 sqft lot
$N/A/sqft
$2,660 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80206, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,670 (100%) |
| Owner Occupied HU | 5,584 (35.6%) |
| Renter Occupied HU | 8,955 (57.1%) |
| Vacant Housing Units | 1,131 ( 7.2%) |
| Median Home Value | $987,422 |
| Average Home Value | $1,137,276 |
Housing Distribution
Address Breakdown
Residential
14,895
Single Family
6,738
Multi-Family
8,157
Businesses
1,617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Madsen • MODE Denver Real Estate LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #6118396
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)