818 S Vance Street #ALakewoodCO80226
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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 818 S Vance Street #A, Lakewood, CO, 80226 priced at $295,000 converts $2,069/mo rent into $350/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,069/mo, and annual cash flow totals $4,196/yr on $97,793 invested. Return on cash invested prints 24.2% in year one, and rental yield reads 8.42% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 125.37% and total cumulative return in cash sums $122,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,069/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A 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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