320 Granite WayJohnstownCO80534
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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 320 Granite Way, Johnstown, CO, 80534 priced at $579,000 converts $2,820/mo rent into after a $2,834/mo obligation. Total monthly income equals $2,820/mo. Return on cash invested prints 16.38% in year one, and rental yield reads 5.84% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 83.48% and total cumulative return in cash sums $159,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,600 sqft lot
$N/A/sqft
$360 annually 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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Listed by: Alexis Rankey • Compass - Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #4294262
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