610 Carr StreetLakewoodCO80214
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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 Lakewood at 610 Carr Street, Lakewood, CO, 80214 offers $3,643/mo rent that, after a $4,028/mo payment. Total monthly income is $3,643/mo. Return on cash invested measures 14.95% in year one, and rental yield stands at 5.31% at a $823,000 entry. Equity gained on principal adds $5,311/yr while 5% annual appreciation compounds into $227,380 by year five. Five-year ROI records 75.73% and total cumulative return in cash reaches $205,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,643/mo property income versus a $4,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1972
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80214, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,024 (100%) |
| Owner Occupied HU | 4,380 (31.2%) |
| Renter Occupied HU | 8,313 (59.3%) |
| Vacant Housing Units | 1,331 ( 9.5%) |
| Median Home Value | $653,472 |
| Average Home Value | $711,831 |
Housing Distribution
Address Breakdown
Residential
12,571
Single Family
7,906
Multi-Family
4,665
Businesses
1,133
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Listed by: Matthew Warrick • HomeSmart Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #4720507
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)