413 38th AveGreeleyCO80634
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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 Greeley at 413 38th Ave, Greeley, CO, 80634 generates $2,400/mo in rent and, after a $1,928/mo payment, leaves $104/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $1,251/yr on $130,611 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 7.31% on a $394,000 entry. Equity gained on principal adds $2,542/yr, while 5% annual appreciation builds toward $108,855 over five years. Five-year ROI reaches 107.53% and total cumulative return in cash sums $140,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7,116 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80634, Greeley, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,099 (100%) |
| Owner Occupied HU | 18,674 (62.0%) |
| Renter Occupied HU | 9,546 (31.7%) |
| Vacant Housing Units | 1,879 ( 6.2%) |
| Median Home Value | $470,524 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
28,283
Single Family
22,998
Multi-Family
5,285
Businesses
1,327
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Listed by: Tony Cook • Pro Realty Inc
Mls Name: IRES
Mls Provider:
Mls ID: #1041026
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.