125 Franklin Ave APT 411Grand JunctionCO81505
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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 125 Franklin Ave APT 411, Grand Junction, CO, 81505 offers a 11.63% rental yield on a $198,500 purchase with $1,924/mo rent. Total monthly income registers $1,924/mo, and a $972/mo payment leaves $413/mo available for distribution. Annual cash flow reaches $4,953/yr on $65,803 to close, and return on cash invested stands at 27.44% in year one. Equity gained on principal adds $1,281/yr while 5% annual appreciation supports $54,842 over five years. Portfolio math shows five-year ROI at 145.08% and total cumulative return in cash at $95,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,924/mo property income against a $972/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$354 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81505, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,903 (100%) |
| Owner Occupied HU | 3,934 (66.6%) |
| Renter Occupied HU | 1,651 (28.0%) |
| Vacant Housing Units | 318 ( 5.4%) |
| Median Home Value | $466,702 |
| Average Home Value | $538,069 |
Housing Distribution
Address Breakdown
Residential
5,651
Single Family
5,140
Multi-Family
511
Businesses
1,143
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Listed by: Gena Len Willits • Coldwell Banker Distinctive Properties GJ
Mls Name: AGSMLS
Mls ID: #186206
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.