6981 W Louisiana Avenue #ALakewoodCO80232
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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 6981 W Louisiana Avenue #A, Lakewood, CO, 80232 offers a 7.08% rental yield on a $415,820 purchase with $2,454/mo rent. Total monthly income registers $2,454/mo, and a $2,035/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $371/yr on $137,844 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $2,683/yr while 5% annual appreciation supports $114,883 over five years. Portfolio math shows five-year ROI at 103.81% and total cumulative return in cash at $143,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,454/mo property income against a $2,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,350 sqft lot
$N/A/sqft
No 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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