11518 W 16th AveLakewoodCO80215
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 11518 W 16th Ave, Lakewood, CO, 80215 in Lakewood. At $495,000 it earns $3,798/mo in rent and distributes $793/mo to the owner after the $2,226/mo payment, a consistent 9.21% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $136,759 in value; $4,559/yr in principal paydown compounds ownership stake. Total projected return: $238,469.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.1% |
| Monthly Cash Flow | $793 | $1,850 |
City averages based on Lakewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,798 |
| Total Monthly Debt Service | $2,808 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2024
1 sqft lot
$N/A/sqft
$120 monthly 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
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
Multi Family
Built in 2024
1 sqft lot
$N/A/sqft
$120 monthly 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