300 S Simms StLakewoodCO80228
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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 300 S Simms St, Lakewood, CO, 80228 priced at $475,000 converts $3,638/mo rent into $870/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,638/mo, and annual cash flow totals $10,436/yr on $157,463 invested. Return on cash invested prints 26.54% in year one, and rental yield reads 9.19% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 137.91% and total cumulative return in cash sums $217,159. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,638/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.28 Acres 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
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