5551 29th St #3522GreeleyCO80634
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 5551 29th St #3522, Greeley, CO, 80634 in Greeley is listed at $274,000 and delivers $2,135/mo in rent and $213/mo in net monthly cash flow. The 9.35% yield and 1.73 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $75,701 over five years, and $2,524/yr in principal reduction supplements cash return. Total projected cumulative return: $138,142.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $213 | $850 |
City averages based on Greeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,135 |
| Total Monthly Debt Service | $1,488 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
N/A 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
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
Condo
Built in 2003
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices