10592 Butte DriveLongmontCO80504
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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
Investment property for sale in Longmont at 10592 Butte Drive, Longmont, CO, 80504 uses $143,341 cash to close to unlock $7,421/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $3,138/mo, and a $2,116/mo payment keeps the spread at $618/mo. Purchase price stands at $432,400, and rental yield measures 8.71% with $3,138/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $119,464 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash records $186,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,138/mo property income covering a $2,116/mo payment rather than investor’s personal income.
Single Family
Built in 2004
2,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80504, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,861 (100%) |
| Owner Occupied HU | 18,264 (70.6%) |
| Renter Occupied HU | 6,346 (24.5%) |
| Vacant Housing Units | 1,251 ( 4.8%) |
| Median Home Value | $627,380 |
| Average Home Value | $693,936 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
21,852
Multi-Family
2,384
Businesses
987
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