1212 Walnut Ave #38Grand JunctionCO81501
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1212 Walnut Ave #38, Grand Junction, CO, 81501 in Grand Junction. At $263,400 it earns $2,078/mo in rent and distributes $543/mo to the owner after the $1,184/mo payment, a consistent 9.47% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $72,773 in value; $2,426/yr in principal paydown compounds ownership stake. Total projected return: $134,482.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $543 | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,078 |
| Total Monthly Debt Service | $1,430 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
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
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
Condo
Built in 2006
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A