3311 Far Vw #107LongmontCO80504
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 3311 Far Vw #107, Longmont, CO, 80504 uses $59,637 cash to close to unlock $16,621/yr annual cash flow and $1,385/mo monthly cash flow. Total monthly income runs $2,434/mo, and a $881/mo payment keeps the spread at $1,385/mo. Purchase price stands at $179,900, and rental yield measures 16.24% with $2,434/mo rent. Return on cash invested shows 47.78% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 251.9% and total cumulative return in cash records $150,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,434/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No 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: Catherine Wood • RE/MAX Nexus
Mls Name: IRES
Mls Provider:
Mls ID: #6353
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.