657 Clarendon DriveLongmontCO80501
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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 Drive, Longmont, CO, 80501 offers $2,994/mo rent that, after a $3,058/mo payment. Total monthly income is $2,994/mo. Return on cash invested measures 16.28% in year one, and rental yield stands at 5.75% at a $624,800 entry. Equity gained on principal adds $4,032/yr while 5% annual appreciation compounds into $172,621 by year five. Five-year ROI records 82.88% and total cumulative return in cash reaches $170,374. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $3,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80501, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,152 (100%) |
| Owner Occupied HU | 9,296 (48.5%) |
| Renter Occupied HU | 8,725 (45.6%) |
| Vacant Housing Units | 1,131 ( 5.9%) |
| Median Home Value | $545,081 |
| Average Home Value | $664,784 |
Housing Distribution
Address Breakdown
Residential
19,261
Single Family
15,147
Multi-Family
4,114
Businesses
2,260
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