1001 Strachan Dr #24Fort CollinsCO80525
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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 Fort Collins at 1001 Strachan Dr #24, Fort Collins, CO, 80525 generates $1,716/mo in rent, after a $1,483/mo payment. Total monthly income is $1,716/mo. Return on cash invested sits at 15.37% in year one, and rental yield is 6.8% on a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation builds toward $83,713 over five years. Five-year ROI reaches 79.5% and total cumulative return in cash sums $79,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,716/mo property income rather than buyer’s personal income.
Condo
Built in 1974
6.17 Acres lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80525, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,961 (100%) |
| Owner Occupied HU | 13,609 (52.4%) |
| Renter Occupied HU | 11,231 (43.3%) |
| Vacant Housing Units | 1,121 ( 4.3%) |
| Median Home Value | $620,438 |
| Average Home Value | $684,459 |
Housing Distribution
Address Breakdown
Residential
24,785
Single Family
18,730
Multi-Family
6,055
Businesses
1,884
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Listed by: Caleb Andersen • Soukup Real Estate Services
Mls Name: IRES
Mls Provider:
Mls ID: #1034390
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.