1315 Estes Street #12BLakewoodCO80215
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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
Rental property for sale in Lakewood at 1315 Estes Street #12B, Lakewood, CO, 80215 generates $1,601/mo in rent and, after a $827/mo payment, leaves $616/mo in cash flow. Total monthly income is $1,601/mo, and annual cash flow is $7,395/yr on $56,024 invested. Return on cash invested sits at 33.11% in year one, and rental yield is 11.37% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 173.21% and total cumulative return in cash sums $97,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,601/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No 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
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