1655 S Cole Street #B1LakewoodCO80228
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 1655 S Cole Street #B1, Lakewood, CO, 80228 earns $465/mo cash flow from $2,359/mo rent with a $1,591/mo payment. Total monthly income totals $2,359/mo, and annual cash flow totals $5,576/yr on $107,738 capital. ROI tracks 25.08% on current figures, and rental yield reads 8.71% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 130.13% and total cumulative return in cash sums $140,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80228, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,062 (100%) |
| Owner Occupied HU | 9,879 (61.5%) |
| Renter Occupied HU | 5,338 (33.2%) |
| Vacant Housing Units | 845 ( 5.3%) |
| Median Home Value | $695,392 |
| Average Home Value | $761,322 |
Housing Distribution
Address Breakdown
Residential
15,935
Single Family
10,473
Multi-Family
5,462
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices