3145 Wright CourtWheat RidgeCO80215
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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 Wheat Ridge at 3145 Wright Court, Wheat Ridge, CO, 80215 earns $191/mo cash flow from $3,688/mo rent with a $2,937/mo payment. Total monthly income totals $3,688/mo, and annual cash flow totals $2,292/yr on $197,400 capital. ROI tracks 21.22% on current figures, and rental yield reads 7.38% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash sums $215,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,688/mo property income instead of your personal income.
Single Family
Built in 1961
8,625 sqft 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
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Listed by: Kelly Murphy • JPAR Modern Real Estate
Mls Name: REcolorado
Mls ID: #8986245