1830 Newland Court Unit 319LakewoodCO80214
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 1830 Newland Court Unit 319, Lakewood, CO, 80214 offers a 8.53% rental yield on a $249,000 purchase with $1,769/mo rent. Total monthly income registers $1,769/mo, and a $1,219/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,327/yr on $82,544 to close, and return on cash invested stands at 21.52% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 112.1% and total cumulative return in cash at $92,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,769/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$207 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Rodriguez • DNVR Realty & Financing LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #4621470
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)