740 Cherry 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 740 Cherry Street, Denver, CO, 80220 offers $3,088/mo rent that, after a $2,692/mo payment. Total monthly income is $3,088/mo. Return on cash invested measures 19.2% in year one, and rental yield stands at 6.74% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 98.55% and total cumulative return in cash reaches $178,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,088/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
5,950 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: Leo Rowen • RE/MAX of Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #9932120
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)