5255 Memphis Street #224DenverCO80239
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
Investment Highlights
Investment property for sale in Denver at 5255 Memphis Street #224, Denver, CO, 80239 uses $110,390 cash to close to unlock $554/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $2,322/mo, and a $1,630/mo payment keeps the spread at $46/mo. Purchase price stands at $333,000, and rental yield measures 8.37% with $2,322/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 106.41% and total cumulative return in cash records $117,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,322/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80239, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,319 (100%) |
| Owner Occupied HU | 7,118 (53.4%) |
| Renter Occupied HU | 5,799 (43.5%) |
| Vacant Housing Units | 402 ( 3.0%) |
| Median Home Value | $424,192 |
| Average Home Value | $512,105 |
Housing Distribution
Address Breakdown
Residential
13,060
Single Family
9,985
Multi-Family
3,075
Businesses
1,283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Larkin • RE/MAX Alliance
Mls Name: REcolorado
Mls Provider:
Mls ID: #9692704
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)