3109 E Mulberry St #1Fort CollinsCO80524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3109 E Mulberry St #1, Fort Collins, CO, 80524 uses $39,747 cash to close to unlock $3,061/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $954/mo, and a $587/mo payment keeps the spread at $255/mo. Purchase price stands at $119,900, and rental yield measures 9.55% with $954/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 143.8% and total cumulative return in cash records $57,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Hicks • RE/MAX Advanced Inc.
Mls Name: IRES
Mls ID: #6554