2221 Idella CtGrand JunctionCO81505
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
Investment Highlights
Total monthly income runs $4,157/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 5.87% with $4,157/mo rent. Return on cash invested shows 16.64% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 84.81% and total cumulative return in cash records $237,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,157/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.53 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • THE CHRISTI REECE GROUP
Mls Name: GJARA
Mls ID: #20254778