11188 W Iowa DriveLakewoodCO80232
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
Investment property for sale in Lakewood at 11188 W Iowa Drive, Lakewood, CO, 80232 earns $524/mo cash flow from $3,935/mo rent with a $2,863/mo payment. Total monthly income totals $3,935/mo, and annual cash flow totals $6,282/yr on $192,465 capital. ROI tracks 23.32% on current figures, and rental yield reads 8.07% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 120.66% and total cumulative return in cash sums $232,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,935/mo property income instead of your personal income.
Single Family
Built in 1970
9,538 sqft lot
$N/A/sqft
$30 annually 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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Listed by: Tenae Irey • West and Main Homes Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #7649701
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