8870 W Jewell Avenue #11LakewoodCO80232
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
Investment property for sale in Lakewood at 8870 W Jewell Avenue #11, Lakewood, CO, 80232 uses $65,969 cash to close to unlock $6,867/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $1,732/mo, and a $974/mo payment keeps the spread at $572/mo. Purchase price stands at $199,000, and rental yield measures 10.44% with $1,732/mo rent. Return on cash invested shows 30.32% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 158.25% and total cumulative return in cash records $104,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,732/mo property income covering a $974/mo payment rather than investor’s personal income.
Townhouse
Built in 1970
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices