1490 S Depew StreetLakewoodCO80232
Nearby investment properties with comparable rents
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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 1490 S Depew Street, Lakewood, CO, 80232 priced at $460,000 converts $3,667/mo rent into $987/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,667/mo, and annual cash flow totals $11,840/yr on $152,490 invested. Return on cash invested prints 27.67% in year one, and rental yield reads 9.57% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 144% and total cumulative return in cash sums $219,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,667/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,434 sqft lot
$N/A/sqft
No 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: Monique Maciel • Brokers Guild Homes
Mls Name: REcolorado
Mls Provider:
Mls ID: #4607840
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