2311 Balsam AvenueGreeleyCO80631
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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 Greeley at 2311 Balsam Avenue, Greeley, CO, 80631 offers a 8.07% rental yield on a $369,000 purchase with $2,482/mo rent. Total monthly income registers $2,482/mo, and a $1,806/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,979/yr on $122,324 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 119.82% and total cumulative return in cash at $146,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,482/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
6,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80631, Greeley, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,799 (100%) |
| Owner Occupied HU | 7,900 (42.0%) |
| Renter Occupied HU | 9,454 (50.3%) |
| Vacant Housing Units | 1,445 ( 7.7%) |
| Median Home Value | $378,257 |
| Average Home Value | $479,078 |
Housing Distribution
Address Breakdown
Residential
18,400
Single Family
14,263
Multi-Family
4,137
Businesses
1,488
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