Rent report generated May 8, 2025
The Rent Potential of
2295 S Sherman St Denver, CO 80210
home
is $3,200 – $3,500/mo.
Current Specs
4 Bed / 2 Bath
1,701 sqft
Single-Family
Built in 1951
Rent Comps
$2,795
$3,300
$3,950
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
3 Listings
4 Bed / 2-2.5 Bath
1,626 - 1,850 sqft
Within 1.0 mi
Avg. Monthly Rent$3,132
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
3 Listings
4 Bed / 2 Bath
1,345 - 1,800 sqft
Within 1.7 mi
Avg. Monthly Rent$3,550
Rent Advice
This renovated 4-bedroom property in Denver's Rosedale neighborhood presents strong rental potential with estimated monthly revenue between $3,200-$3,500, aligning with the area's average rent of $3,000 for single-family homes. With Denver's rental market showing moderate cooling (average rents at $1,819 metro-wide), this property stands out with its separate basement unit featuring private entrance and kitchenette - perfect for dual rental income streams. The property's location near South Broadway, University of Denver, and Porter Hospital makes it particularly attractive for medium-term rentals. Based on purchase price of $649,900, the annual rental yield would be approximately 6-6.5%, with a payback period of roughly 15-17 years.
To maximize rental potential, consider marketing the property as two separate units - main floor and basement - to potentially increase total monthly revenue to $3,600-$3,800. The basement's separate entrance and kitchenette make this particularly viable. Highlight proximity to Porter Hospital for medical professionals seeking medium-term housing. For the current owner considering selling, the recent $35,000 price reduction aligns with Denver's cooling market, but the property's dual-income potential and prime location should be emphasized as key selling points that differentiate it from typical single-family homes in the area.
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