1601 N College Avenue Lot 288Fort 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 Avenue Lot 288, Fort Collins, CO, 80524 offers a 23.25% rental yield on a $127,000 purchase with $2,461/mo rent. Total monthly income registers $2,461/mo, and a $622/mo payment leaves $1,720/mo available for distribution. Annual cash flow reaches $20,646/yr on $42,101 to close, and return on cash invested stands at 68.95% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,088 over five years. Portfolio math shows five-year ROI at 365.4% and total cumulative return in cash at $153,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,461/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
N/A 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: Ricardo Garcia • Keller Williams Realty Northern Colorado
Mls Name: REcolorado
Mls Provider:
Mls ID: #9822587
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)