1821 Cord Grass DrFort CollinsCO80524
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1821 Cord Grass Dr, Fort Collins, CO, 80524 in Fort Collins is a conservative rental investment at $579,990. Rental yield 6.13%. A 1.15 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $160,241; $5,342/yr in principal paydown supplements. Total projected return: $186,542.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.8% |
| Monthly Cash Flow | $(542) | $1,850 |
City averages based on Fort Collins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,987 |
| Total Monthly Debt Service | $3,269 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
5,654 sqft lot
$N/A/sqft
$120 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
5,654 sqft lot
$N/A/sqft
$120 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Livingston • RE/MAX Alliance-FTC South
Mls Name: IRES
Mls Provider:
Mls ID: #1048670
Disclaimer: Based on information submitted to the MLS GRID as of 2026-02-06 23:37:58 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#71)