2214 Hawthorne AveGrand JunctionCO81506
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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 2214 Hawthorne Ave, Grand Junction, CO, 81506 uses $134,258 cash to close to unlock $11,932/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $3,384/mo, and a $1,982/mo payment keeps the spread at $994/mo. Purchase price stands at $405,000, and rental yield measures 10.03% with $3,384/mo rent. Return on cash invested shows 28.8% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 150.13% and total cumulative return in cash records $201,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,384/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
$356 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81506, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 3,819 (66.4%) |
| Renter Occupied HU | 1,483 (25.8%) |
| Vacant Housing Units | 448 ( 7.8%) |
| Median Home Value | $486,868 |
| Average Home Value | $518,133 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
4,938
Multi-Family
878
Businesses
368
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Listed by: KATE PORRAS • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20253710
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.