705 E Drake Rd Q-22Fort CollinsCO80525
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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 705 E Drake Rd Q-22, Fort Collins, CO, 80525 generates $1,919/mo in rent and, after a $1,248/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $5,196/yr on $84,533 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.03% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 135.32% and total cumulative return in cash sums $114,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80525, Fort Collins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,961 (100%) |
| Owner Occupied HU | 13,609 (52.4%) |
| Renter Occupied HU | 11,231 (43.3%) |
| Vacant Housing Units | 1,121 ( 4.3%) |
| Median Home Value | $620,438 |
| Average Home Value | $684,459 |
Housing Distribution
Address Breakdown
Residential
24,785
Single Family
18,730
Multi-Family
6,055
Businesses
1,884
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Listed by: Hausman Team • Roots Real Estate
Mls Name: IRES
Mls ID: #1033281