809 E Drake Rd APT B112Fort 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 809 E Drake Rd APT B112, Fort Collins, CO, 80525 generates $1,649/mo in rent, after a $1,253/mo payment. Total monthly income is $1,649/mo. Return on cash invested sits at 16.7% in year one, and rental yield is 7.73% on a $255,900 entry. Equity gained on principal adds $1,651/yr, while 5% annual appreciation builds toward $70,700 over five years. Five-year ROI reaches 87.17% and total cumulative return in cash sums $73,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,649/mo property income rather than buyer’s personal income.
Condo
Built in 1974
5,227 sqft lot
$N/A/sqft
$376 monthly 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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