262 Village LnGrand JunctionCO81503
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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 262 Village Ln, Grand Junction, CO, 81503 offers a 9.05% rental yield on a $280,000 purchase with $2,112/mo rent. Total monthly income registers $2,112/mo, and a $1,370/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,768/yr on $92,820 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 135.7% and total cumulative return in cash at $125,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,112/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No 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
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Listed by: N/A • HOMESMART REALTY PARTNERS
Mls Name: GJARA
Mls ID: #20244366
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.