Ranch home in Denver, CO
Set in Denver, CO, this Ranch home provides 3 bedrooms and 3 bathrooms across 3,179 square feet. Its Ranch character defines the property's look.
| Price | $625,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 3179 |
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| Architectural style | Ranch (86% match) |
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| Address | 586 S Olive Way, Denver, CO 80224 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $625K, this home is 19% above the $525K median for 2169 similar Ranch homes in Denver, CO.
- That works out to $197 per square foot, 33% below the $293 comparable rate.
- On the market 23 days.
| This home | $625,000 |
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| Ranch median in Denver, CO | $525,000 (2169 homes) |
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| Price per sq ft | $197 vs. $293 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,921/month with 20% down at a 7.28% 30-year fixed rate. You would need about $168,045 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,421/mo |
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| Property tax (new-buyer reassessed rate) | $266/mo |
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| Homeowners insurance | $234/mo |
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| Total monthly | $3,921/mo |
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| Down payment (20%) | $125,000 |
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| Income needed | $168,045/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (70/100) |
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| Beats renting in | 27% of modeled paths |
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| Modeled 5-yr equity (median) | $338,258 |
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| Range (10th to 90th pct) | $210,294 to $486,528 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Denver, CO where local data is thin.
Local home values
Typical home values in Denver, CO have risen about 4% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow