5021 Garrison Street #103AWheat 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 5021 Garrison Street #103A, Wheat Ridge, CO, 80033 uses $89,505 cash to close to unlock $4,200/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,924/mo, and a $1,322/mo payment keeps the spread at $350/mo. Purchase price stands at $270,000, and rental yield measures 8.55% with $1,924/mo rent. Return on cash invested shows 24.6% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash records $114,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A 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: Pamela Maloney • Berkshire Hathaway HomeServices Colorado Real Estate, LLC Erie
Mls Name: REcolorado
Mls ID: #4105535