5300 E Cherry Creek South Drive Bldg 1 #115DenverCO80246
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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 5300 E Cherry Creek South Drive Bldg 1 #115, Denver, CO, 80246 uses $82,875 cash to close to unlock $7,592/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $1,224/mo payment keeps the spread at $633/mo. Purchase price stands at $250,000, and rental yield measures 10.03% with $2,090/mo rent. Return on cash invested shows 29.07% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 151.5% and total cumulative return in cash records $125,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80246, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,981 (100%) |
| Owner Occupied HU | 1,427 (17.9%) |
| Renter Occupied HU | 5,929 (74.3%) |
| Vacant Housing Units | 625 ( 7.8%) |
| Median Home Value | $729,955 |
| Average Home Value | $930,253 |
Housing Distribution
Address Breakdown
Residential
7,794
Single Family
1,822
Multi-Family
5,972
Businesses
1,125
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