10886 W 31st PlaceLakewoodCO80215
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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
Rental property for sale in Lakewood at 10886 W 31st Place, Lakewood, CO, 80215 generates $6,152/mo in rent, after a $7,092/mo payment. Total monthly income is $6,152/mo. Return on cash invested sits at 14.51% in year one, and rental yield is 5.09% on a $1,449,000 entry. Equity gained on principal adds $9,350/yr, while 5% annual appreciation builds toward $400,332 over five years. Five-year ROI reaches 73.31% and total cumulative return in cash sums $344,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,152/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.33 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
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