1601 N College Ave #338Fort 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
Rental property for sale in Fort Collins at 1601 N College Ave #338, Fort Collins, CO, 80524 generates $1,611/mo in rent and, after a $1,101/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,611/mo, and annual cash flow is $3,600/yr on $74,588 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 8.59% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 128.24% and total cumulative return in cash sums $95,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,611/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
5,400 sqft 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: Aubree Becker • Better Homes and Gardens Real Estate - Neuhaus
Mls Name: IRES
Mls ID: #6643