1118 City Park Ave UNIT 232Fort CollinsCO80521
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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 Fort Collins at 1118 City Park Ave UNIT 232, Fort Collins, CO, 80521 listed at $297,500 pairs $2,260/mo rent with a $1,456/mo payment to leave $216/mo cash flow. Total monthly income runs $2,260/mo, and annual cash flow reaches $2,596/yr on $98,621 cash to close. Return on cash invested measures 22.54% in year one, and rental yield registers 9.12% at a $297,500 basis. Equity gained on principal adds $1,920/yr, and annual property appreciation at 5% supports $82,194 by year five. Five-year ROI tracks 117.88% and total cumulative return in cash totals $116,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,260/mo property income relative to a $1,456/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
5,663 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80521, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 4,544 (31.5%) |
| Renter Occupied HU | 8,758 (60.7%) |
| Vacant Housing Units | 1,126 ( 7.8%) |
| Median Home Value | $659,235 |
| Average Home Value | $725,069 |
Housing Distribution
Address Breakdown
Residential
14,093
Single Family
10,239
Multi-Family
3,854
Businesses
453
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Listed by: Lisa Sloan • Places Realty LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1029843
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.