2437 Santa Fe Drive Unit ALongmontCO80504
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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 2437 Santa Fe Drive Unit A, Longmont, CO, 80504 offers $2,612/mo rent that, after a $2,927/mo payment. Total monthly income is $2,612/mo. Return on cash invested measures 12.08% in year one, and rental yield stands at 5.24% at a $598,000 entry. Equity gained on principal adds $3,859/yr while 5% annual appreciation compounds into $165,216 by year five. Five-year ROI records 61.31% and total cumulative return in cash reaches $120,620. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,612/mo property income versus a $2,927/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$4,908 annually 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: Barb Volz • Code of the West Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #8561705
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