31 Skyline DriveWheat RidgeCO80215
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
Rental property for sale in Wheat Ridge at 31 Skyline Drive, Wheat Ridge, CO, 80215 generates $4,435/mo in rent, after a $6,975/mo payment. Total monthly income is $4,435/mo. Return on cash invested sits at 10.31% in year one, and rental yield is 3.73% on a $1,425,000 entry. Equity gained on principal adds $9,195/yr, while 5% annual appreciation builds toward $393,701 over five years. Five-year ROI reaches 50.79% and total cumulative return in cash sums $234,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80215, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,706 (100%) |
| Owner Occupied HU | 4,835 (49.8%) |
| Renter Occupied HU | 4,316 (44.5%) |
| Vacant Housing Units | 555 ( 5.7%) |
| Median Home Value | $743,206 |
| Average Home Value | $785,921 |
Housing Distribution
Address Breakdown
Residential
9,430
Single Family
6,524
Multi-Family
2,906
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Macaskill • Denver Homes
Mls Name: REcolorado
Mls Provider:
Mls ID: #9924021
Disclaimer: 2025 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](/mls-disclaimers/#17059)