2200 24th AveLongmontCO80501
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2200 24th Ave, Longmont, CO, 80501 in Longmont. At $495,000 it earns $3,376/mo in rent and distributes $491/mo to the owner after the $2,347/mo payment, a consistent 8.18% yield. DSCR 1.44 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $136,759 in value; $4,150/yr in principal paydown compounds ownership stake. Total projected return: $209,175.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $491 | $250 |
City averages based on Longmont market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,376 |
| Total Monthly Debt Service | $2,809 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
5,023 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
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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
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