2693 S Nelson CourtLakewoodCO80227
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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
Rental property for sale in Lakewood at 2693 S Nelson Court, Lakewood, CO, 80227 generates $5,248/mo in rent, after a $6,240/mo payment. Total monthly income is $5,248/mo. Return on cash invested sits at 13.81% in year one, and rental yield is 4.94% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 69.65% and total cumulative return in cash sums $287,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,248/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
6,882 sqft lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80227, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,130 (100%) |
| Owner Occupied HU | 9,331 (57.8%) |
| Renter Occupied HU | 6,196 (38.4%) |
| Vacant Housing Units | 603 ( 3.7%) |
| Median Home Value | $630,852 |
| Average Home Value | $674,447 |
Housing Distribution
Address Breakdown
Residential
16,083
Single Family
8,936
Multi-Family
7,147
Businesses
878
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Listed by: Woody Wood • REALNET CO
Mls Name: REcolorado
Mls Provider:
Mls ID: #6523695
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