235 High Point Dr E-103LongmontCO80504
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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 235 High Point Dr E-103, Longmont, CO, 80504 generates $2,316/mo in rent, after a $2,041/mo payment. Total monthly income is $2,316/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 6.67% on a $416,961 entry. Equity gained on principal adds $2,691/yr, while 5% annual appreciation builds toward $115,199 over five years. Five-year ROI reaches 80.99% and total cumulative return in cash sums $111,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,316/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80504, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,861 (100%) |
| Owner Occupied HU | 18,264 (70.6%) |
| Renter Occupied HU | 6,346 (24.5%) |
| Vacant Housing Units | 1,251 ( 4.8%) |
| Median Home Value | $627,380 |
| Average Home Value | $693,936 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
21,852
Multi-Family
2,384
Businesses
987
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Listed by: Tamara Sherrill • RE/MAX Alliance-FTC Dwtn
Mls Name: IRES
Mls Provider:
Mls ID: #1031102
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.