657 Clarendon DrLongmontCO80504
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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 657 Clarendon Dr, Longmont, CO, 80504 generates $2,897/mo in rent, after a $3,058/mo payment. Total monthly income is $2,897/mo. Return on cash invested sits at 15.72% in year one, and rental yield is 5.56% on a $624,800 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,621 over five years. Five-year ROI reaches 79.84% and total cumulative return in cash sums $164,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,897/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
7,096 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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