84 Spruce Street #603DenverCO80230
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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 84 Spruce Street #603, Denver, CO, 80230 generates $2,466/mo in rent and, after a $1,958/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,466/mo, and annual cash flow is $1,616/yr on $132,600 invested. Return on cash invested sits at 21.13% in year one, and rental yield is 7.4% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $144,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,466/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80230, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 2,235 (39.1%) |
| Renter Occupied HU | 2,526 (44.2%) |
| Vacant Housing Units | 957 (16.7%) |
| Median Home Value | $916,773 |
| Average Home Value | $1,028,383 |
Housing Distribution
Address Breakdown
Residential
5,073
Single Family
2,552
Multi-Family
2,521
Businesses
198
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