345 Crestridge LaneLongmontCO80501
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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 Longmont at 345 Crestridge Lane, Longmont, CO, 80501 priced at $810,000 converts $2,687/mo rent into after a $3,965/mo obligation. Total monthly income equals $2,687/mo. Return on cash invested prints 10.9% in year one, and rental yield reads 3.98% against a $810,000 entry. Equity gained on principal adds $5,227/yr, while 5% annual appreciation compiles into $223,788 by year five. Five-year ROI reaches 54.01% and total cumulative return in cash sums $143,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,687/mo property income covering a $3,965/mo payment, not borrower’s personal income.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80501, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,152 (100%) |
| Owner Occupied HU | 9,296 (48.5%) |
| Renter Occupied HU | 8,725 (45.6%) |
| Vacant Housing Units | 1,131 ( 5.9%) |
| Median Home Value | $545,081 |
| Average Home Value | $664,784 |
Housing Distribution
Address Breakdown
Residential
19,261
Single Family
15,147
Multi-Family
4,114
Businesses
2,260
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