257 Maggie DrGrand JunctionCO81503
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Grand Junction rental at 257 Maggie Dr, Grand Junction, CO, 81503 sits in the solid-income band: 8.08% gross yield, $2,978/mo rent, $389/mo net after the $1,988/mo debt service, DSCR 1.50. Entry price of $442,127 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $122,152 and $4,072/yr in principal reduction bring total cumulative return to $192,031.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $389 | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,978 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81503, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,177 (100%) |
| Owner Occupied HU | 5,094 (71.0%) |
| Renter Occupied HU | 1,722 (24.0%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $382,084 |
| Average Home Value | $431,925 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,573
Multi-Family
256
Businesses
188
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
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81503, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,177 (100%) |
| Owner Occupied HU | 5,094 (71.0%) |
| Renter Occupied HU | 1,722 (24.0%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $382,084 |
| Average Home Value | $431,925 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,573
Multi-Family
256
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices