1005 Shortleaf Court
Loveland, CO 80538
Map
- – beds
- – baths
- 2,044 sqft
- 10,186 sqft lot
- $220 per sqft
- 1964 build
- – on site
Investor Special - Turnkey Rental with Strong Cash Flow & Recent Upgrades! This 4-bedroom, 2-bathroom ranch-style home is a solid investment opportunity located in a desirable neighborhood near parks, restaurants, shopping, and beautiful Silver Lake. The property features a 1-car attached garage, RV and boat parking, and a large backyard, making it attractive for both tenants and long-term value. Currently leased through October 2025 to excellent, reliable tenants, this home delivers immediate rental income with a solid 6.26% cap rate and dependable cash flow. Investors must honor the current lease, offering a seamless transition with no vacancy risk. The home has seen key updates, including a remodeled basement bathroom (2023), a new furnace (2020), and a brand new water heater (May 2025)--providing peace of mind and reduced maintenance costs for years to come. This is a hands-off, income-producing property in a strong location with great tenants already in place. Don't miss your chance to secure this turnkey rental in a growing market!
Last checked:
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Last updated Jun 12, 2025
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MLS# IR1036448 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1964
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Construction Materials:Brick, Vinyl Siding
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Building Area Total:2044
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Building Area Source:Other
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Structure Type:House
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Roof:Composition
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Levels:One
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Basement:true
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Architectural Style:Contemporary
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Direction Faces:East
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Patio And Porch Features:Patio
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Window Features:Window Coverings
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Security Features:Smoke Detector(s)
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Number Of Units Total:1
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Property Attached:false
Interior
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Interior Features:Eat-in Kitchen
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Laundry Features:In Unit
Financial & Terms
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Ownership:Individual
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Possession:Closing/DOD
Location
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Latitude:40.41093
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Longitude:-105.06444
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:R0378178
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Possible Use:Residential
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Zoning:R1E
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Lot Features:Cul-De-Sac, Level
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Lot Size Acres:0.23
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Lot Size SqFt:10,186 Sqft
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Exclusions:Tenant and Seller's Personal Property
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Fencing:Fenced
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Vegetation:Grassed, Wooded
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (970) 692-6353
- Office phone:
- (970) 225-5152
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,062
Heating & Cooling
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HVAC Description:Ceiling Fan
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Heating:Forced Air
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
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Sewer:Public Sewer
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Sewer Tap:No
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Schools
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Elementary School:Monroe
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Elementary School District:Thompson R2-J
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Middle Or Junior School:Conrad Ball
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High School:Mountain View
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High School District:Thompson R2-J
The Community
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Subdivision Name:Silver Lake Add
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Association:false
Parking
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Parking Total:3
Monthly cost estimate
Asking price
$450,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
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| Taxes | $171 |
| Insurance | $123 |
| Utilities | N/A |
| Total | $2,703/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
