109 Anna Ct #8BGrand JunctionCO81503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grand Junction at 109 Anna Ct #8B, Grand Junction, CO, 81503 uses $62,983 cash to close to unlock $6,512/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $930/mo payment keeps the spread at $543/mo. Purchase price stands at $189,995, and rental yield measures 10.42% with $1,650/mo rent. Return on cash invested shows 30.25% in year one, and 5% annual appreciation builds toward $52,492 over five years. Five-year ROI reaches 157.83% and total cumulative return in cash records $99,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81503, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,177 (100%) |
| Owner Occupied HU | 5,094 (71.0%) |
| Renter Occupied HU | 1,722 (24.0%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $382,084 |
| Average Home Value | $431,925 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,573
Multi-Family
256
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • DIAMOND REALTY & PROPERTY, LLC
Mls Name: GJARA
Mls ID: #20252561