2702 Barnstormer St #AFort 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 2702 Barnstormer St #A, Fort Collins, CO, 80524 uses $129,285 cash to close to unlock $4,200/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $1,909/mo payment keeps the spread at $350/mo. Purchase price stands at $390,000, and rental yield measures 8.07% with $2,623/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 119.78% and total cumulative return in cash records $154,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 2023
2,419 sqft lot
$N/A/sqft
No 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: Ben Woodrum • Coldwell Banker Realty- Fort Collins
Mls Name: IRES
Mls ID: #1043309