2837 28th St #49GreeleyCO80631
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2837 28th St #49, Greeley, CO, 80631 in Greeley is narrow, $35/mo net on $1,696/mo rent after the $1,088/mo debt service, but the property operates at break-even-plus, not a loss. At $242,000 with a 8.41% yield, the long-run equity case via 5% appreciation ($66,860 over five years) and $2,229/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $94,814.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $35 | $850 |
City averages based on Greeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,696 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1979
1 sqft lot
$N/A/sqft
$250 monthly 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
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
Apartment
Built in 1979
1 sqft lot
$N/A/sqft
$250 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices