221 Hall AveGrand 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
Rental property for sale in Grand Junction at 221 Hall Ave, Grand Junction, CO, 81501 generates $3,257/mo in rent and, after a $2,300/mo payment, leaves $518/mo in cash flow. Total monthly income is $3,257/mo, and annual cash flow is $6,221/yr on $155,772 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.32% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash sums $192,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,257/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.26 Acres 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: PAUL ASPELIN • REALTY ONE GROUP WESTERN SLOPE
Mls Name: GJARA
Mls ID: #20255561