1640 Kirkwood Dr #2022Fort CollinsCO80525
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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 1640 Kirkwood Dr #2022, Fort Collins, CO, 80525 uses $87,814 cash to close to unlock $4,809/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,297/mo payment keeps the spread at $401/mo. Purchase price stands at $264,900, and rental yield measures 8.81% with $1,945/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 131.74% and total cumulative return in cash records $115,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1981
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80525, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,961 (100%) |
| Owner Occupied HU | 13,609 (52.4%) |
| Renter Occupied HU | 11,231 (43.3%) |
| Vacant Housing Units | 1,121 ( 4.3%) |
| Median Home Value | $620,438 |
| Average Home Value | $684,459 |
Housing Distribution
Address Breakdown
Residential
24,785
Single Family
18,730
Multi-Family
6,055
Businesses
1,884
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Listed by: Connor Martin • Soukup Real Estate Services
Mls Name: IRES
Mls ID: #1049188