1705 Heatheridge Rd #H203Fort CollinsCO80526
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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 1705 Heatheridge Rd #H203, Fort Collins, CO, 80526 offers a 8.2% rental yield on a $222,500 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $1,089/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,680/yr on $73,759 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,436/yr while 5% annual appreciation supports $61,473 over five years. Portfolio math shows five-year ROI at 121.88% and total cumulative return in cash at $89,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $1,089/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80526, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,461 (100%) |
| Owner Occupied HU | 10,534 (54.1%) |
| Renter Occupied HU | 8,258 (42.4%) |
| Vacant Housing Units | 669 ( 3.4%) |
| Median Home Value | $573,211 |
| Average Home Value | $621,460 |
Housing Distribution
Address Breakdown
Residential
19,409
Single Family
16,264
Multi-Family
3,145
Businesses
545
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Listed by: Lestel Meade • CENTURY 21 Elevated
Mls Name: IRES
Mls ID: #1040393