605 W 57th St #42LovelandCO80538
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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 Loveland at 605 W 57th St #42, Loveland, CO, 80538 uses $36,465 cash to close to unlock $2,440/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $844/mo, and a $538/mo payment keeps the spread at $203/mo. Purchase price stands at $109,999, and rental yield measures 9.21% with $844/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 138.38% and total cumulative return in cash records $50,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $844/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80538, Loveland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,793 (100%) |
| Owner Occupied HU | 15,835 (63.9%) |
| Renter Occupied HU | 7,703 (31.1%) |
| Vacant Housing Units | 1,255 ( 5.1%) |
| Median Home Value | $595,402 |
| Average Home Value | $667,924 |
Housing Distribution
Address Breakdown
Residential
23,157
Single Family
20,602
Multi-Family
2,555
Businesses
1,282
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