892 S Shoshone StreetDenverCO80223
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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 892 S Shoshone Street, Denver, CO, 80223 priced at $515,000 converts $2,626/mo rent into after a $2,521/mo obligation. Total monthly income equals $2,626/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 6.12% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 88.88% and total cumulative return in cash sums $150,601. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,626/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80223, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 3,780 (32.1%) |
| Renter Occupied HU | 7,184 (61.0%) |
| Vacant Housing Units | 804 ( 6.8%) |
| Median Home Value | $599,022 |
| Average Home Value | $676,045 |
Housing Distribution
Address Breakdown
Residential
9,760
Single Family
6,260
Multi-Family
3,500
Businesses
1,517
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