2335 Brass Boot AveGrand 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 2335 Brass Boot Ave, Grand Junction, CO, 81505 listed at $813,000 pairs $3,704/mo rent with a $3,979/mo payment. Total monthly income runs $3,704/mo. Return on cash invested measures 15.31% in year one, and rental yield registers 5.47% at a $813,000 basis. Equity gained on principal adds $5,246/yr, and annual property appreciation at 5% supports $224,617 by year five. Five-year ROI tracks 77.72% and total cumulative return in cash totals $207,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,704/mo property income relative to a $3,979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
9,583 sqft lot
$N/A/sqft
$300 annually 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: DEREK IRICK • BRAY REAL ESTATE
Mls Name: GJARA
Mls ID: #20253618
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.