3800 Independence CtWheat RidgeCO80033
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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 Wheat Ridge at 3800 Independence Ct, Wheat Ridge, CO, 80033 priced at $256,183 pairs $2,332/mo rent with $830/mo cash flow after a $1,254/mo payment. Total monthly income equals $2,332/mo, and annual cash flow comes to $9,962/yr on $84,925 invested. Return on cash invested is 31.64% in year one, and rental yield stands at 10.92% on a $256,183 basis. Equity gained on principal adds $1,653/yr, and 5% annual appreciation accumulates to $70,779 by year five. Five-year ROI measures 165.37% and total cumulative return in cash reaches $140,443. For financing, Ziffy Mortgage’s DSCR program evaluates $2,332/mo property income against a $1,254/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1898
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80033, Wheat Ridge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,335 (100%) |
| Owner Occupied HU | 6,699 (46.7%) |
| Renter Occupied HU | 6,805 (47.5%) |
| Vacant Housing Units | 831 ( 5.8%) |
| Median Home Value | $678,737 |
| Average Home Value | $752,635 |
Housing Distribution
Address Breakdown
Residential
13,331
Single Family
10,479
Multi-Family
2,852
Businesses
1,522
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Listed by: N/A • N/A
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