6648 W Mississippi WayLakewoodCO80232
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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 Lakewood at 6648 W Mississippi Way, Lakewood, CO, 80232 listed at $325,000 pairs $2,407/mo rent with a $1,591/mo payment to leave $205/mo cash flow. Total monthly income runs $2,407/mo, and annual cash flow reaches $2,456/yr on $107,738 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 8.89% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 115.84% and total cumulative return in cash totals $124,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,407/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1978
1,917 sqft lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80232, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,154 (100%) |
| Owner Occupied HU | 5,964 (65.2%) |
| Renter Occupied HU | 2,890 (31.6%) |
| Vacant Housing Units | 300 ( 3.3%) |
| Median Home Value | $611,881 |
| Average Home Value | $672,117 |
Housing Distribution
Address Breakdown
Residential
9,372
Single Family
7,227
Multi-Family
2,145
Businesses
455
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Listed by: Corey Holtman • Real Broker, LLC DBA Real
Mls Name: REcolorado
Mls Provider:
Mls ID: #7851286
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)