515 Indian Mountain RdLongmontCO80503
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
Rental property for sale in Longmont at 515 Indian Mountain Rd, Longmont, CO, 80503 offers $5,040/mo rent that, after a $8,786/mo payment. Total monthly income is $5,040/mo. Return on cash invested measures 9.18% in year one, and rental yield stands at 3.37% at a $1,795,000 entry. Equity gained on principal adds $11,583/yr while 5% annual appreciation compounds into $495,925 by year five. Five-year ROI records 44.74% and total cumulative return in cash reaches $260,221. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,040/mo property income versus a $8,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
35.63 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices