1013 Grinde DrFountainCO80817
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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 Fountain at 1013 Grinde Dr, Fountain, CO, 80817 offers a 8.18% rental yield on a $220,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $1,077/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,612/yr on $72,930 to close, and return on cash invested stands at 23.49% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 121.58% and total cumulative return in cash at $88,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
1,511 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80817, Fountain, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,858 (70.6%) |
| Renter Occupied HU | 2,890 (26.0%) |
| Vacant Housing Units | 380 ( 3.4%) |
| Median Home Value | $483,097 |
| Average Home Value | $595,161 |
Housing Distribution
Address Breakdown
Residential
11,071
Single Family
10,588
Multi-Family
483
Businesses
420
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