2417 15th AveLongmontCO80503
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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 2417 15th Ave, Longmont, CO, 80503 generates $5,670/mo in rent and, after a $2,912/mo payment, leaves $2,187/mo in cash flow. Total monthly income is $5,670/mo, and annual cash flow is $26,248/yr on $195,755 invested. Return on cash invested sits at 33.47% in year one, and rental yield is 11.44% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 175.08% and total cumulative return in cash sums $342,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
7,176 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80503, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,130 (100%) |
| Owner Occupied HU | 9,800 (60.8%) |
| Renter Occupied HU | 5,277 (32.7%) |
| Vacant Housing Units | 1,053 ( 6.5%) |
| Median Home Value | $795,021 |
| Average Home Value | $956,778 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
12,180
Multi-Family
2,894
Businesses
338
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Listed by: Shelley Crews • Equity Colorado-Front Range
Mls Name: IRES
Mls Provider:
Mls ID: #1031557
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.