631 Buchanan LaneLongmontCO80504
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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 Longmont at 631 Buchanan Lane, Longmont, CO, 80504 priced at $450,000 pairs $2,764/mo rent with $141/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,764/mo, and annual cash flow comes to $1,692/yr on $149,175 invested. Return on cash invested is 21.04% in year one, and rental yield stands at 7.37% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 108.44% and total cumulative return in cash reaches $161,766. For financing, Ziffy Mortgage’s DSCR program evaluates $2,764/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
8,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80504, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,861 (100%) |
| Owner Occupied HU | 18,264 (70.6%) |
| Renter Occupied HU | 6,346 (24.5%) |
| Vacant Housing Units | 1,251 ( 4.8%) |
| Median Home Value | $627,380 |
| Average Home Value | $693,936 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
21,852
Multi-Family
2,384
Businesses
987
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