1321 Ruby WayLongmontCO80504
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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 1321 Ruby Way, Longmont, CO, 80504 priced at $1,050,000 pairs $4,999/mo rent with after a $5,139/mo payment. Total monthly income equals $4,999/mo. Return on cash invested is 16.14% in year one, and rental yield stands at 5.71% on a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and 5% annual appreciation accumulates to $290,096 by year five. Five-year ROI measures 82.16% and total cumulative return in cash reaches $279,509. For financing, Ziffy Mortgage’s DSCR program evaluates $4,999/mo property income against a $5,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
$240 annually 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: Charles Odenz • Keller Williams DTC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3962181
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)