12955 Lafayette Street Unit CThorntonCO80241
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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 Thornton at 12955 Lafayette Street Unit C, Thornton, CO, 80241 earns $109/mo cash flow from $2,470/mo rent with a $1,738/mo payment. Total monthly income totals $2,470/mo, and annual cash flow totals $1,312/yr on $117,683 capital. ROI tracks 21.02% on current figures, and rental yield reads 8.35% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 109.44% and total cumulative return in cash sums $128,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,470/mo property income instead of your personal income.
Condo
Built in 1998
1,889 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80241, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,194 (100%) |
| Owner Occupied HU | 8,746 (61.6%) |
| Renter Occupied HU | 4,583 (32.3%) |
| Vacant Housing Units | 865 ( 6.1%) |
| Median Home Value | $589,153 |
| Average Home Value | $615,586 |
Housing Distribution
Address Breakdown
Residential
12,715
Single Family
9,810
Multi-Family
2,905
Businesses
241
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Listed by: Kendra Lanterman • West and Main Homes Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #7132119
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