3002 W Elizabeth St #8EFort 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
Rental property for sale in Fort Collins at 3002 W Elizabeth St #8E, Fort Collins, CO, 80521 generates $1,582/mo in rent, after a $1,468/mo payment. Total monthly income is $1,582/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 6.33% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 91.61% and total cumulative return in cash sums $91,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,582/mo property income rather than buyer’s personal income.
Condo
Built in 1998
12.76 Acres 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: Jeffrey Bitterman • Group Centerra
Mls Name: IRES
Mls ID: #1045075