1 Rangeview DriveWheat RidgeCO80215
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
Rental property for sale in Wheat Ridge at 1 Rangeview Drive, Wheat Ridge, CO, 80215 generates $5,479/mo in rent, after a $7,831/mo payment. Total monthly income is $5,479/mo. Return on cash invested sits at 11.47% in year one, and rental yield is 4.11% on a $1,599,999 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,050 over five years. Five-year ROI reaches 57% and total cumulative return in cash sums $295,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,479/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80215, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,706 (100%) |
| Owner Occupied HU | 4,835 (49.8%) |
| Renter Occupied HU | 4,316 (44.5%) |
| Vacant Housing Units | 555 ( 5.7%) |
| Median Home Value | $743,206 |
| Average Home Value | $785,921 |
Housing Distribution
Address Breakdown
Residential
9,430
Single Family
6,524
Multi-Family
2,906
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Harvey • RE/MAX of Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #7651022
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)