7223 W 1st PlaceLakewoodCO80226
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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 7223 W 1st Place, Lakewood, CO, 80226 generates $2,250/mo in rent, after a $2,932/mo payment. Total monthly income is $2,250/mo. Return on cash invested sits at 12.5% in year one, and rental yield is 4.51% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 62.61% and total cumulative return in cash sums $123,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,250/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80226, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,091 (100%) |
| Owner Occupied HU | 7,137 (50.6%) |
| Renter Occupied HU | 6,307 (44.8%) |
| Vacant Housing Units | 647 ( 4.6%) |
| Median Home Value | $625,983 |
| Average Home Value | $680,711 |
Housing Distribution
Address Breakdown
Residential
14,180
Single Family
10,431
Multi-Family
3,749
Businesses
1,224
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