824 Kimbark StLongmontCO80501
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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 824 Kimbark St, Longmont, CO, 80501 priced at $590,000 pairs $2,994/mo rent with after a $2,888/mo payment. Total monthly income equals $2,994/mo. Return on cash invested is 17.31% in year one, and rental yield stands at 6.09% on a $590,000 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,006 by year five. Five-year ROI measures 88.42% and total cumulative return in cash reaches $171,628. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
10,019 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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