2801 Northstar DrGrand JunctionCO81506
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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 2801 Northstar Dr, Grand Junction, CO, 81506 listed at $444,000 pairs $2,810/mo rent with a $2,173/mo payment to leave $138/mo cash flow. Total monthly income runs $2,810/mo, and annual cash flow reaches $1,651/yr on $147,186 cash to close. Return on cash invested measures 21.03% in year one, and rental yield registers 7.59% at a $444,000 basis. Equity gained on principal adds $2,865/yr, and annual property appreciation at 5% supports $122,669 by year five. Five-year ROI tracks 108.63% and total cumulative return in cash totals $159,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,810/mo property income relative to a $2,173/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
9,583 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81506, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 3,819 (66.4%) |
| Renter Occupied HU | 1,483 (25.8%) |
| Vacant Housing Units | 448 ( 7.8%) |
| Median Home Value | $486,868 |
| Average Home Value | $518,133 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
4,938
Multi-Family
878
Businesses
368
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Listed by: N/A • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20252244
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.