2484 Apex Ave #AGrand 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
Rental property for sale in Grand Junction at 2484 Apex Ave #A, Grand Junction, CO, 81505 priced at $445,000 converts $2,773/mo rent into $159/mo cash flow after a $2,178/mo obligation. Total monthly income equals $2,773/mo, and annual cash flow totals $1,906/yr on $147,518 invested. Return on cash invested prints 21.2% in year one, and rental yield reads 7.48% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 109.35% and total cumulative return in cash sums $161,312. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,773/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2019
4,791 sqft lot
$N/A/sqft
$250 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: N/A • SONRISE REAL ESTATE, LLC
Mls Name: GJARA
Mls ID: #20250032
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.