2468 Thunder Mountain Dr #1BGrand 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
Investment property for sale in Grand Junction at 2468 Thunder Mountain Dr #1B, Grand Junction, CO, 81505 earns $279/mo cash flow from $2,296/mo rent with a $1,463/mo payment. Total monthly income totals $2,296/mo, and annual cash flow totals $3,347/yr on $99,119 capital. ROI tracks 23.29% on current figures, and rental yield reads 9.21% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 121.68% and total cumulative return in cash sums $120,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,296/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$275 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • STUDT REALTY, LLC/MB
Mls Name: GJARA
Mls ID: #20253084
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.