485 North 2nd Street UNIT 211GranbyCO80446
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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 Granby at 485 North 2nd Street UNIT 211, Granby, CO, 80446 offers a 8.41% rental yield on a $355,500 purchase with $2,490/mo rent. Total monthly income registers $2,490/mo, and a $1,740/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $962/yr on $117,848 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $2,294/yr while 5% annual appreciation supports $98,218 over five years. Portfolio math shows five-year ROI at 108.02% and total cumulative return in cash at $127,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,490/mo property income against a $1,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$338 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80446, Granby, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 1,397 (30.5%) |
| Renter Occupied HU | 648 (14.1%) |
| Vacant Housing Units | 2,541 (55.4%) |
| Median Home Value | $639,071 |
| Average Home Value | $763,987 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
287
Multi-Family
120
Businesses
225
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Listed by: John Sanderson • Re/Max Peak to Peak
Mls Name: GCBOR
Mls ID: #25-628
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.