104 Park Dr APT HGrand JunctionCO81501
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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 Grand Junction at 104 Park Dr APT H, Grand Junction, CO, 81501 offers $1,686/mo rent that, after a $1,170/mo payment, leaves $43/mo cash flow. Total monthly income is $1,686/mo, and annual cash flow is $515/yr on $79,229 cash. Return on cash invested measures 20.56% in year one, and rental yield stands at 8.47% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 107.22% and total cumulative return in cash reaches $84,948. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,686/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1974
960 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81501, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,528 (100%) |
| Owner Occupied HU | 4,231 (36.7%) |
| Renter Occupied HU | 6,387 (55.4%) |
| Vacant Housing Units | 910 ( 7.9%) |
| Median Home Value | $337,711 |
| Average Home Value | $395,588 |
Housing Distribution
Address Breakdown
Residential
10,480
Single Family
9,413
Multi-Family
1,067
Businesses
1,762
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