12893 W Alameda DriveLakewoodCO80228
INVESTMENT ANALYSIS
Investment Verdict
Solid Income12893 W Alameda Drive, Lakewood, CO, 80228 in Lakewood carries a 1.52 coverage ratio, rent of $2,602/mo is 1.52 times the $1,709/mo payment. Rental yield 8.22%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $380,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $104,987; total projected cumulative return: $128,538.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.1% |
| Monthly Cash Flow | $(278) | $1,850 |
City averages based on Lakewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,602 |
| Total Monthly Debt Service | $2,728 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1968
1,176 sqft lot
$N/A/sqft
$665 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80228, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,062 (100%) |
| Owner Occupied HU | 9,879 (61.5%) |
| Renter Occupied HU | 5,338 (33.2%) |
| Vacant Housing Units | 845 ( 5.3%) |
| Median Home Value | $695,392 |
| Average Home Value | $761,322 |
Housing Distribution
Address Breakdown
Residential
15,935
Single Family
10,473
Multi-Family
5,462
Businesses
1,026
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
Townhouse
Built in 1968
1,176 sqft lot
$N/A/sqft
$665 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80228, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,062 (100%) |
| Owner Occupied HU | 9,879 (61.5%) |
| Renter Occupied HU | 5,338 (33.2%) |
| Vacant Housing Units | 845 ( 5.3%) |
| Median Home Value | $695,392 |
| Average Home Value | $761,322 |
Housing Distribution
Address Breakdown
Residential
15,935
Single Family
10,473
Multi-Family
5,462
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Schingeck • The Green House
Mls Name: REcolorado
Mls Provider:
Mls ID: #5932772
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)