2603 Comet Ln #3Fort CollinsCO80524
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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 2603 Comet Ln #3, Fort Collins, CO, 80524 offers a 6.22% rental yield on a $477,000 purchase with $2,473/mo rent. 5% in year one. Equity gained on principal adds $3,078/yr while 5% annual appreciation supports $131,786 over five years. Portfolio math shows five-year ROI at 79.47% and total cumulative return in cash at $125,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,473/mo property income against a $2,335/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
1,750 sqft lot
$N/A/sqft
$274 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
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Listed by: Joseph Michael Penta • Penta Homes
Mls Name: IRES
Mls Provider:
Mls ID: #1033885
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.