10580 W 38th PlaceWheat RidgeCO80033
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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 Wheat Ridge at 10580 W 38th Place, Wheat Ridge, CO, 80033 earns $228/mo cash flow from $3,836/mo rent with a $3,030/mo payment. Total monthly income totals $3,836/mo, and annual cash flow totals $2,739/yr on $203,651 capital. ROI tracks 21.41% on current figures, and rental yield reads 7.44% at a $619,000 purchase. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash sums $224,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,836/mo property income instead of your personal income.
Single Family
Built in 1957
7,536 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80033, Wheat Ridge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,335 (100%) |
| Owner Occupied HU | 6,699 (46.7%) |
| Renter Occupied HU | 6,805 (47.5%) |
| Vacant Housing Units | 831 ( 5.8%) |
| Median Home Value | $678,737 |
| Average Home Value | $752,635 |
Housing Distribution
Address Breakdown
Residential
13,331
Single Family
10,479
Multi-Family
2,852
Businesses
1,522
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Listed by: Brad Sandler • GREEN DOOR LIVING REAL ESTATE
Mls Name: REcolorado
Mls ID: #1902862