709 S Alkire StreetLakewoodCO80228
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
Investment Highlights
Rental property for sale in Lakewood at 709 S Alkire Street, Lakewood, CO, 80228 priced at $692,500 pairs $4,530/mo rent with $495/mo cash flow after a $3,389/mo payment. Total monthly income equals $4,530/mo, and annual cash flow comes to $5,936/yr on $227,833 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 7.85% on a $692,500 basis. Equity gained on principal adds $4,469/yr, and 5% annual appreciation accumulates to $191,325 by year five. Five-year ROI measures 117.11% and total cumulative return in cash reaches $266,821. For financing, Ziffy Mortgage’s DSCR program evaluates $4,530/mo property income against a $3,389/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
8,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80228, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,062 (100%) |
| Owner Occupied HU | 9,879 (61.5%) |
| Renter Occupied HU | 5,338 (33.2%) |
| Vacant Housing Units | 845 ( 5.3%) |
| Median Home Value | $695,392 |
| Average Home Value | $761,322 |
Housing Distribution
Address Breakdown
Residential
15,935
Single Family
10,473
Multi-Family
5,462
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Andrus • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #3707698
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)