1140 Walnut Ave APT 11Grand JunctionCO81501
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 1140 Walnut Ave APT 11, Grand Junction, CO, 81501 earns $652/mo cash flow from $1,806/mo rent with a $969/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $7,826/yr on $65,637 capital. ROI tracks 31.83% on current figures, and rental yield reads 10.95% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 166.36% and total cumulative return in cash sums $109,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JENNIFER TAYLOR • THE CHRISTI REECE GROUP
Mls Name: GJARA
Mls ID: #20260362