1601 N College Ave #308Fort CollinsCO80524
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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 1601 N College Ave #308, Fort Collins, CO, 80524 offers a 9.61% rental yield on a $105,000 purchase with $841/mo rent. Total monthly income registers $841/mo, and a $514/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,748/yr on $34,808 to close, and return on cash invested stands at 27.8% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 144.66% and total cumulative return in cash at $50,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $841/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
3,780 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80524, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,674 (100%) |
| Owner Occupied HU | 11,245 (60.2%) |
| Renter Occupied HU | 6,343 (34.0%) |
| Vacant Housing Units | 1,086 ( 5.8%) |
| Median Home Value | $641,259 |
| Average Home Value | $685,565 |
Housing Distribution
Address Breakdown
Residential
17,624
Single Family
14,212
Multi-Family
3,412
Businesses
2,143
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Listed by: Lindsay Eisiminger • Resident Realty
Mls Name: IRES
Mls ID: #6679