1820 Newland Ct APT 213LakewoodCO80214
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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 1820 Newland Ct APT 213, Lakewood, CO, 80214 offers a 10.04% rental yield on a $219,746 purchase with $1,838/mo rent. Total monthly income registers $1,838/mo, and a $1,076/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,489/yr on $72,846 to close, and return on cash invested stands at 28.82% in year one. Equity gained on principal adds $1,418/yr while 5% annual appreciation supports $60,712 over five years. Portfolio math shows five-year ROI at 150.24% and total cumulative return in cash at $109,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,838/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
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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