255 High Point Dr UNIT 204LongmontCO80504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Longmont at 255 High Point Dr UNIT 204, Longmont, CO, 80504 offers a 6.58% rental yield on a $387,500 purchase with $2,125/mo rent. 2% in year one. Equity gained on principal adds $2,500/yr while 5% annual appreciation supports $107,059 over five years. Portfolio math shows five-year ROI at 78.4% and total cumulative return in cash at $100,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,125/mo property income against a $1,897/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lestel Meade • CENTURY 21 Elevated
Mls Name: IRES
Mls Provider:
Mls ID: #1025079
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.