10960 W Florida Avenue #104LakewoodCO80232
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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 Lakewood at 10960 W Florida Avenue #104, Lakewood, CO, 80232 earns $113/mo cash flow from $1,978/mo rent with a $1,566/mo payment. Total monthly income totals $1,978/mo, and annual cash flow totals $1,360/yr on $106,080 capital. ROI tracks 21.19% on current figures, and rental yield reads 7.42% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 109.27% and total cumulative return in cash sums $115,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,978/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80232, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,154 (100%) |
| Owner Occupied HU | 5,964 (65.2%) |
| Renter Occupied HU | 2,890 (31.6%) |
| Vacant Housing Units | 300 ( 3.3%) |
| Median Home Value | $611,881 |
| Average Home Value | $672,117 |
Housing Distribution
Address Breakdown
Residential
9,372
Single Family
7,227
Multi-Family
2,145
Businesses
455
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