1590 Ingalls St #202LakewoodCO80214
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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 Lakewood at 1590 Ingalls St #202, Lakewood, CO, 80214 offers a 7.57% rental yield on a $301,725 purchase with $1,904/mo rent. Total monthly income registers $1,904/mo, and a $1,477/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,479/yr on $100,022 to close, and return on cash invested stands at 21.39% in year one. Equity gained on principal adds $1,947/yr while 5% annual appreciation supports $83,361 over five years. Portfolio math shows five-year ROI at 110.44% and total cumulative return in cash at $110,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $1,477/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2022
N/A 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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