2485 Fountainhead Blvd UNIT G-15Grand 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 2485 Fountainhead Blvd UNIT G-15, Grand Junction, CO, 81505 offers a 7.81% rental yield on a $295,000 purchase with $1,920/mo rent. 12% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 99.32% and total cumulative return in cash at $97,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
871.20 sqft lot
$N/A/sqft
$265 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
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Listed by: N/A • RIVER CITY REAL ESTATE, LLC
Mls Name: GJARA
Mls ID: #20251586
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.