720 City Park Ave C-320Fort 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
Investment property for sale in Fort Collins at 720 City Park Ave C-320, Fort Collins, CO, 80521 uses $99,085 cash to close to unlock $2,952/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,463/mo payment keeps the spread at $246/mo. Purchase price stands at $298,900, and rental yield measures 7.98% with $1,988/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $82,581 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash records $117,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1984
5,663 sqft 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: Matthew Fugate • The Fugate Property Group
Mls Name: IRES
Mls ID: #1044664