656 N Logan Street Unit 7DenverCO80203
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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 656 N Logan Street Unit 7, Denver, CO, 80203 priced at $249,000 converts $1,748/mo rent into after a $1,219/mo obligation. Total monthly income equals $1,748/mo. Return on cash invested prints 19.86% in year one, and rental yield reads 8.42% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 103.71% and total cumulative return in cash sums $85,604. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,748/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80203, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,269 (100%) |
| Owner Occupied HU | 2,864 (14.9%) |
| Renter Occupied HU | 14,717 (76.4%) |
| Vacant Housing Units | 1,688 ( 8.8%) |
| Median Home Value | $602,897 |
| Average Home Value | $716,508 |
Housing Distribution
Address Breakdown
Residential
17,723
Single Family
1,914
Multi-Family
15,809
Businesses
1,433
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Listed by: Ashley Lowery • Lowery Group LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3631361
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