5300 E Cherry Creek South Drive Bldg 1 #124DenverCO80246
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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 #124, Denver, CO, 80246 uses $87,665 cash to close to unlock $3,950/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $2,381/mo, and a $1,294/mo payment keeps the spread at $329/mo. Purchase price stands at $264,450, and rental yield measures 10.8% with $2,381/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $73,063 over five years. Five-year ROI reaches 129.11% and total cumulative return in cash records $113,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,381/mo property income covering a $1,294/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
$511 monthly 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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Listed by: Gina Cornelison • Corcoran Perry & Co.
Mls Name: REcolorado
Mls Provider:
Mls ID: #8598340
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)