1156 Bookcliff Ave APT 11Grand 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
Investment property for sale in Grand Junction at 1156 Bookcliff Ave APT 11, Grand Junction, CO, 81501 earns $560/mo cash flow from $2,338/mo rent with a $1,493/mo payment. Total monthly income totals $2,338/mo, and annual cash flow totals $6,724/yr on $101,108 capital. ROI tracks 26.56% on current figures, and rental yield reads 9.2% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 138.06% and total cumulative return in cash sums $139,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,338/mo property income instead of your personal income.
Townhouse
Built in 1979
1,306 sqft 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
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Listed by: N/A • BETTER HOMES AND GARDENS FRUIT & WINE
Mls Name: GJARA
Mls ID: #20254124