5255 Memphis Street Unit 1105DenverCO80239
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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 5255 Memphis Street Unit 1105, Denver, CO, 80239 uses $107,738 cash to close to unlock $3,356/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,504/mo, and a $1,591/mo payment keeps the spread at $280/mo. Purchase price stands at $325,000, and rental yield measures 9.25% with $2,504/mo rent. Return on cash invested shows 23.02% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash records $129,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,504/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$330 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
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Listed by: Lexie White • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #4405530
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