1550 Main St UNIT 15LongmontCO80501
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
Rental property for sale in Longmont at 1550 Main St UNIT 15, Longmont, CO, 80501 generates $1,123/mo in rent and, after a $612/mo payment, leaves $394/mo in cash flow. Total monthly income is $1,123/mo, and annual cash flow is $4,732/yr on $41,438 invested. Return on cash invested sits at 31.33% in year one, and rental yield is 10.78% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 163.69% and total cumulative return in cash sums $67,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,123/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80501, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,152 (100%) |
| Owner Occupied HU | 9,296 (48.5%) |
| Renter Occupied HU | 8,725 (45.6%) |
| Vacant Housing Units | 1,131 ( 5.9%) |
| Median Home Value | $545,081 |
| Average Home Value | $664,784 |
Housing Distribution
Address Breakdown
Residential
19,261
Single Family
15,147
Multi-Family
4,114
Businesses
2,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Amos • Keller Williams Realty NoCo
Mls Name: IRES
Mls Provider:
Mls ID: #5986
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.