224 Canyon Avenue #410Fort CollinsCO80521
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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 224 Canyon Avenue #410, Fort Collins, CO, 80521 offers a 2.69% rental yield on a $825,000 purchase with $1,847/mo rent. 97% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 32.94% and total cumulative return in cash at $89,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80521, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,428 (100%) |
| Owner Occupied HU | 4,544 (31.5%) |
| Renter Occupied HU | 8,758 (60.7%) |
| Vacant Housing Units | 1,126 ( 7.8%) |
| Median Home Value | $659,235 |
| Average Home Value | $725,069 |
Housing Distribution
Address Breakdown
Residential
14,093
Single Family
10,239
Multi-Family
3,854
Businesses
453
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Listed by: Connie Kraska • LIV Sotheby's International Realty
Mls Name: REcolorado
Mls ID: #7466621