8873 W Mexico AvenueLakewoodCO80232
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 8873 W Mexico Avenue, Lakewood, CO, 80232 with 5% annual appreciation on a $650,000 basis while $4,006/mo rent supports operations. Total monthly income totals $4,006/mo and a $3,181/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,620/yr on $213,850 deployed, and return on cash invested reaches 21.29% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 7.4%. Five-year ROI measures 109.72% and total cumulative return in cash totals $234,638.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,006/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison Smookler • Kentwood Real Estate Cherry Creek
Mls Name: REcolorado
Mls Provider:
Mls ID: #8465870
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)