945 Lipan StreetDenverCO80204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 945 Lipan Street, Denver, CO, 80204 offers a 8.98% rental yield on a $350,000 purchase with $2,618/mo rent. Total monthly income registers $2,618/mo, and a $1,713/mo payment leaves $578/mo available for distribution. Annual cash flow reaches $6,940/yr on $116,025 to close, and return on cash invested stands at 25.89% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 134.47% and total cumulative return in cash at $156,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,618/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
3,125 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices