216 N Race StFountainCO80817
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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 Fountain at 216 N Race St, Fountain, CO, 80817 with 5% annual appreciation on a $285,000 basis while $1,690/mo rent supports operations. Total monthly income totals $1,690/mo and a $1,395/mo payment preserves $29/mo for cash returns. Annual cash flow comes to $348/yr on $94,478 deployed, and return on cash invested reaches 20.28% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 7.12%. Five-year ROI measures 104.32% and total cumulative return in cash totals $98,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,690/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80817, Fountain, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,858 (70.6%) |
| Renter Occupied HU | 2,890 (26.0%) |
| Vacant Housing Units | 380 ( 3.4%) |
| Median Home Value | $483,097 |
| Average Home Value | $595,161 |
Housing Distribution
Address Breakdown
Residential
11,071
Single Family
10,588
Multi-Family
483
Businesses
420
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Listed by: CORE group • Sorella Real Estate
Mls Name: PAR
Mls Provider:
Mls ID: #231764
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.