2375 Lake AvenueThorntonCO80241
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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 Thornton at 2375 Lake Avenue, Thornton, CO, 80241 offers a 7.5% rental yield on a $575,000 purchase with $3,594/mo rent. Total monthly income registers $3,594/mo, and a $2,814/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,920/yr on $189,175 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 111.43% and total cumulative return in cash at $210,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,594/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80241, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,194 (100%) |
| Owner Occupied HU | 8,746 (61.6%) |
| Renter Occupied HU | 4,583 (32.3%) |
| Vacant Housing Units | 865 ( 6.1%) |
| Median Home Value | $589,153 |
| Average Home Value | $615,586 |
Housing Distribution
Address Breakdown
Residential
12,715
Single Family
9,810
Multi-Family
2,905
Businesses
241
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