300 Walnut StFort MorganCO80701
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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
Rental property for sale in Fort Morgan at 300 Walnut St, Fort Morgan, CO, 80701 priced at $445,000 converts $2,400/mo rent into after a $2,178/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 18.34% in year one, and rental yield reads 6.47% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 93.94% and total cumulative return in cash sums $138,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80701, Fort Morgan, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,252 (100%) |
| Owner Occupied HU | 3,704 (59.2%) |
| Renter Occupied HU | 2,118 (33.9%) |
| Vacant Housing Units | 430 ( 6.9%) |
| Median Home Value | $342,188 |
| Average Home Value | $373,164 |
Housing Distribution
Address Breakdown
Residential
5,979
Single Family
5,824
Multi-Family
155
Businesses
789
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Listed by: Daniel Woodring • Colorado Land Co. LLC
Mls Name: IRES
Mls ID: #1044229