1140 Walnut Ave APT 9Grand 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
Rental property for sale in Grand Junction at 1140 Walnut Ave APT 9, Grand Junction, CO, 81501 generates $1,700/mo in rent and, after a $1,003/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,700/mo, and annual cash flow is $2,468/yr on $67,958 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 9.95% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash sums $84,114. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,700/mo property income rather than buyer’s personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$300 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20251482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.