842 Grove StreetDenverCO80204
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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 842 Grove Street, Denver, CO, 80204 with 5% annual appreciation on a $590,000 basis while $3,492/mo rent supports operations. Total monthly income totals $3,492/mo and a $2,888/mo payment preserves $53/mo for cash returns. Annual cash flow comes to $640/yr on $194,110 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $163,006 alongside rental yield of 7.1%. Five-year ROI measures 104.92% and total cumulative return in cash totals $203,668.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,492/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80204, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,934 (100%) |
| Owner Occupied HU | 5,694 (24.8%) |
| Renter Occupied HU | 12,927 (56.4%) |
| Vacant Housing Units | 4,313 (18.8%) |
| Median Home Value | $660,324 |
| Average Home Value | $752,711 |
Housing Distribution
Address Breakdown
Residential
19,213
Single Family
9,012
Multi-Family
10,201
Businesses
1,806
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