332 Circle DrFort 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 332 Circle Dr, Fort Morgan, CO, 80701 generates $2,400/mo in rent and, after a $1,417/mo payment, leaves $713/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $8,554/yr on $95,969 invested. Return on cash invested sits at 28.82% in year one, and rental yield is 9.95% on a $289,500 entry. Equity gained on principal adds $1,868/yr, while 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 150.16% and total cumulative return in cash sums $144,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
7,390 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: Jade Mcfadden • Colorado Land Co. LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1031782
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.