821 17th Ave UNIT 9LongmontCO80501
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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 Longmont at 821 17th Ave UNIT 9, Longmont, CO, 80501 uses $41,736 cash to close to unlock $3,306/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,009/mo, and a $616/mo payment keeps the spread at $275/mo. Purchase price stands at $125,900, and rental yield measures 9.62% with $1,009/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 144.91% and total cumulative return in cash records $60,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,009/mo property income covering a $616/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
1,600 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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Listed by: Joseph Herbert • HR Colorado Properties LLC
Mls Name: IRES
Mls Provider:
Mls ID: #6320
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.