1576 Ames StreetLakewoodCO80214
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
Investment Highlights
Investment property for sale in Lakewood at 1576 Ames Street, Lakewood, CO, 80214 at $550,000 posts ROI 25.98% with $893/mo cash flow from $4,098/mo rent. Total monthly income equals $4,098/mo, and annual cash flow records $10,712/yr on $180,950 to close. Return on cash invested measures 25.98% and rental yield reads 8.94% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 134.89% and total cumulative return in cash totals $244,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1902
6,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80214, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,024 (100%) |
| Owner Occupied HU | 4,380 (31.2%) |
| Renter Occupied HU | 8,313 (59.3%) |
| Vacant Housing Units | 1,331 ( 9.5%) |
| Median Home Value | $653,472 |
| Average Home Value | $711,831 |
Housing Distribution
Address Breakdown
Residential
12,571
Single Family
7,906
Multi-Family
4,665
Businesses
1,133
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Listed by: John Barnes • Your Castle Realty LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #5210747
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)