1916 Cherry LnJohnstownCO80534
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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
Investment property for sale in Johnstown at 1916 Cherry Ln, Johnstown, CO, 80534 uses $153,584 cash to close to unlock $2,301/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $3,080/mo, and a $2,268/mo payment keeps the spread at $192/mo. Purchase price stands at $463,300, and rental yield measures 7.98% with $3,080/mo rent. Return on cash invested shows 21.41% in year one, and 5% annual appreciation builds toward $128,001 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash records $170,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,080/mo property income covering a $2,268/mo payment rather than investor’s personal income.
Single Family
Built in 2000
4,500 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80534, Johnstown, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,917 (100%) |
| Owner Occupied HU | 6,809 (76.4%) |
| Renter Occupied HU | 1,754 (19.7%) |
| Vacant Housing Units | 354 ( 4.0%) |
| Median Home Value | $594,430 |
| Average Home Value | $640,457 |
Housing Distribution
Address Breakdown
Residential
7,956
Single Family
6,968
Multi-Family
988
Businesses
444
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Listed by: Stephanie Klein • Group Harmony
Mls Name: IRES
Mls Provider:
Mls ID: #1032969
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.