3616 Columbia DrLongmontCO80503
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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
Investment property for sale in Longmont at 3616 Columbia Dr, Longmont, CO, 80503 at $594,900 posts ROI 23.45% with $553/mo cash flow from $4,020/mo rent. Total monthly income equals $4,020/mo, and annual cash flow records $6,633/yr on $195,722 to close. Return on cash invested measures 23.45% and rental yield reads 8.11% at the current $594,900. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,360 by year five. Five-year ROI prints 121.31% and total cumulative return in cash totals $237,439.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
9,812 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80503, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,130 (100%) |
| Owner Occupied HU | 9,800 (60.8%) |
| Renter Occupied HU | 5,277 (32.7%) |
| Vacant Housing Units | 1,053 ( 6.5%) |
| Median Home Value | $795,021 |
| Average Home Value | $956,778 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
12,180
Multi-Family
2,894
Businesses
338
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Listed by: Noah Inhofer • eXp Realty LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1020790
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.