2408 Cedar AveGreeleyCO80631
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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 Greeley at 2408 Cedar Ave, Greeley, CO, 80631 offers $2,711/mo rent that, after a $1,884/mo payment, leaves $454/mo cash flow. Total monthly income is $2,711/mo, and annual cash flow is $5,452/yr on $127,628 cash. Return on cash invested measures 24.18% in year one, and rental yield stands at 8.45% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 125.34% and total cumulative return in cash reaches $159,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,711/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,322 sqft lot
$N/A/sqft
$160 annually 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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Listed by: Chad Nixon • RE/MAX Alliance-Greeley
Mls Name: IRES
Mls Provider:
Mls ID: #1029210
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.