3862 Lee CircleWheat 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
Investment property for sale in Wheat Ridge at 3862 Lee Circle, Wheat Ridge, CO, 80033 uses $263,167 cash to close to unlock $4,061/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $5,000/mo, and a $3,915/mo payment keeps the spread at $338/mo. Purchase price stands at $799,900, and rental yield measures 7.5% with $5,000/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 111.42% and total cumulative return in cash records $293,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,000/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 1998
8,276 sqft 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: Terry Utzinger • RE/MAX Alliance
Mls Name: REcolorado
Mls ID: #6149130