Your shortlist
Marcus: two cashflow plays and one house hack, as we discussed. The Lowell house is the one I'd move on. Rank them, say what you think, and message Jordan about any one.
Not in the right order?
#1
8.3score
4411 Lowell Blvd, Denver, CO 80211
$612,000
· 4 bd / 2 ba · 1,890 sqft · 1925
Cap rate
5.8%
Cash-on-cash
1.6%
Best cashflow
$2,913/mo STR
Cash to close
$201,960
The one to buy if you plan to live in it. Strongest street of the three, strongest appreciation story, and the basement apartment pays most of the mortgage. Move fast; it will not last the weekend.
#2
8.1score
1105 S Zenobia St, Denver, CO 80219
$449,000
· 3 bd / 2 ba · 1,520 sqft · 1958
Cap rate
6.7%
Cash-on-cash
4.1%
Best cashflow
$2,211/mo MTR
Cash to close
$148,170
Strongest long-term cashflow of the three at the lowest price, and the only one where short-term rental is allowed by right. The plumbing is the known cost; everything else is cosmetic.
#3
8.1score
3020 W 40th Ave, Denver, CO 80211
$575,000
· 3 bd / 2 ba · 1,610 sqft · 1910
Cap rate
5.6%
Cash-on-cash
1.0%
Best cashflow
$3,106/mo STR
Cash to close
$189,750
Under contract at $560K. The transferable STR license is rare and worth the premium; the foundation letter is the only contingency that matters.
Jordan Ellis
Investor-Focused Agent · Denver · Lic. FA.100099123
I work with out-of-state and first-time investors buying rentals along the Front Range. Every property I send comes with the numbers, not a brochure.
Prepared by Jordan Ellis · Front Range Realty Group · Powered by DealCaddie.ai