238 Mill Village BlvdLongmontCO80501
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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 238 Mill Village Blvd, Longmont, CO, 80501 generates $2,466/mo in rent and, after a $2,031/mo payment, leaves $48/mo in cash flow. Total monthly income is $2,466/mo, and annual cash flow is $572/yr on $137,573 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.13% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 104.6% and total cumulative return in cash sums $143,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,466/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
2,153 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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