4680 Independence StreetWheat RidgeCO80033
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 4680 Independence Street, Wheat Ridge, CO, 80033 in Wheat Ridge offers a clean, manageable entry. Rental yield 6.92%. DSCR 1.28 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $117,420 in additional property value over five years, with $3,914/yr in principal equity building ownership stake. Total projected cumulative return: $157,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.0% |
| Monthly Cash Flow | $(49) | $250 |
City averages based on Wheat Ridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,450 |
| Total Monthly Debt Service | $2,331 |
| DSCR Ratio | 1.05x |
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.
Single Family
Built in 1963
7,233 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
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
Single Family
Built in 1963
7,233 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Will Story • LPT Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #7517658
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)