118 Snowmass PlaceLongmontCO80504
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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 Longmont at 118 Snowmass Place, Longmont, CO, 80504 offers $2,533/mo rent that, after a $2,080/mo payment, leaves $27/mo cash flow. Total monthly income is $2,533/mo, and annual cash flow is $323/yr on $140,888 cash. Return on cash invested measures 20.14% in year one, and rental yield stands at 7.15% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 103.68% and total cumulative return in cash reaches $146,069. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,533/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,542 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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Listed by: Darryl Sobering • Keller Williams Avenues Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #3079147
Disclaimer: 2025 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](/mls-disclaimers/#17059)