1317 2nd AveGreeleyCO80631
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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 Greeley at 1317 2nd Ave, Greeley, CO, 80631 generates $3,049/mo in rent, after a $5,873/mo payment. Total monthly income is $3,049/mo. Return on cash invested sits at 8.2% in year one, and rental yield is 3.05% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 39.45% and total cumulative return in cash sums $153,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,049/mo property income rather than buyer’s personal income.
Single Family
Built in 1907
8,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80631, Greeley, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,799 (100%) |
| Owner Occupied HU | 7,900 (42.0%) |
| Renter Occupied HU | 9,454 (50.3%) |
| Vacant Housing Units | 1,445 ( 7.7%) |
| Median Home Value | $378,257 |
| Average Home Value | $479,078 |
Housing Distribution
Address Breakdown
Residential
18,400
Single Family
14,263
Multi-Family
4,137
Businesses
1,488
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