620 Newport StreetDenverCO80220
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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
Rental property for sale in Denver at 620 Newport Street, Denver, CO, 80220 priced at $650,000 converts $3,095/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,095/mo. Return on cash invested prints 16.12% in year one, and rental yield reads 5.71% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 82.02% and total cumulative return in cash sums $175,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,095/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80220, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,999 (100%) |
| Owner Occupied HU | 8,855 (49.2%) |
| Renter Occupied HU | 7,881 (43.8%) |
| Vacant Housing Units | 1,263 ( 7.0%) |
| Median Home Value | $861,427 |
| Average Home Value | $997,094 |
Housing Distribution
Address Breakdown
Residential
17,106
Single Family
11,723
Multi-Family
5,383
Businesses
1,069
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Listed by: Skylar Visnack • Compass - Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #3171269
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