264 Alder AveJohnstownCO80534
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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 Johnstown at 264 Alder Ave, Johnstown, CO, 80534 generates $2,867/mo in rent, after a $2,765/mo payment. Total monthly income is $2,867/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 6.09% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 88.42% and total cumulative return in cash sums $164,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,867/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80534, Johnstown, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,917 (100%) |
| Owner Occupied HU | 6,809 (76.4%) |
| Renter Occupied HU | 1,754 (19.7%) |
| Vacant Housing Units | 354 ( 4.0%) |
| Median Home Value | $594,430 |
| Average Home Value | $640,457 |
Housing Distribution
Address Breakdown
Residential
7,956
Single Family
6,968
Multi-Family
988
Businesses
444
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