1839 Stratford LnLongmontCO80503
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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 1839 Stratford Ln, Longmont, CO, 80503 priced at $450,000 converts $2,637/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,637/mo. Return on cash invested prints 19.72% in year one, and rental yield reads 7.03% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 101.47% and total cumulative return in cash sums $151,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,637/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1973
10,587 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80503, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,130 (100%) |
| Owner Occupied HU | 9,800 (60.8%) |
| Renter Occupied HU | 5,277 (32.7%) |
| Vacant Housing Units | 1,053 ( 6.5%) |
| Median Home Value | $795,021 |
| Average Home Value | $956,778 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
12,180
Multi-Family
2,894
Businesses
338
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Listed by: Kristen Brown Martin • RE/MAX of Boulder, Inc
Mls Name: IRES
Mls Provider:
Mls ID: #1033506
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.