801 Confidence Dr #2LongmontCO80504
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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 801 Confidence Dr #2, Longmont, CO, 80504 offers $1,998/mo rent that, after a $1,762/mo payment. Total monthly income is $1,998/mo. Return on cash invested measures 14.28% in year one, and rental yield stands at 6.66% at a $359,999 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 73.88% and total cumulative return in cash reaches $88,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,998/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
0.27 Acres lot
$N/A/sqft
$455 monthly 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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Listed by: Anna Gayer • RE/MAX Alliance-Boulder
Mls Name: IRES
Mls Provider:
Mls ID: #1038883
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.