121 Hanover StFountainCO80817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fountain at 121 Hanover St, Fountain, CO, 80817 priced at $294,999 pairs $1,074/mo rent with after a $1,444/mo payment. Total monthly income equals $1,074/mo. Return on cash invested is 11.99% in year one, and rental yield stands at 4.37% on a $294,999 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 59.91% and total cumulative return in cash reaches $58,586. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
8,476 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Klipfel ABR CRS GRI • The Platinum Group
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9065886
Disclaimer: The real estate listing information and related content displayed on this site 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.