3109 E Mulberry St UNIT 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
Rental property for sale in Fort Collins at 3109 E Mulberry St UNIT A, Fort Collins, CO, 80524 priced at $114,900 pairs $991/mo rent with $322/mo cash flow after a $562/mo payment. Total monthly income equals $991/mo, and annual cash flow comes to $3,861/yr on $38,089 invested. Return on cash invested is 30.05% in year one, and rental yield stands at 10.35% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 156.77% and total cumulative return in cash reaches $59,714. For financing, Ziffy Mortgage’s DSCR program evaluates $991/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
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
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Listed by: James Hicks • RE/MAX Advanced Inc.
Mls Name: IRES
Mls Provider:
Mls ID: #6242
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.