381 S Ames St APT A206LakewoodCO80226
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 381 S Ames St APT A206, Lakewood, CO, 80226 in Lakewood. Priced at $193,500, it generates $1,805/mo in gross rent and $677/mo in net monthly cash flow, a 11.19% yield that comfortably supports the 2.07 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,125. Five-year appreciation: $53,460. Equity from principal paydown: $1,782/yr. Total projected cumulative return: $116,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 5.1% |
| Monthly Cash Flow | $677 | $1,850 |
City averages based on Lakewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,805 |
| Total Monthly Debt Service | $1,051 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80226, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,091 (100%) |
| Owner Occupied HU | 7,137 (50.6%) |
| Renter Occupied HU | 6,307 (44.8%) |
| Vacant Housing Units | 647 ( 4.6%) |
| Median Home Value | $625,983 |
| Average Home Value | $680,711 |
Housing Distribution
Address Breakdown
Residential
14,180
Single Family
10,431
Multi-Family
3,749
Businesses
1,224
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
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80226, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,091 (100%) |
| Owner Occupied HU | 7,137 (50.6%) |
| Renter Occupied HU | 6,307 (44.8%) |
| Vacant Housing Units | 647 ( 4.6%) |
| Median Home Value | $625,983 |
| Average Home Value | $680,711 |
Housing Distribution
Address Breakdown
Residential
14,180
Single Family
10,431
Multi-Family
3,749
Businesses
1,224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices