281 Coulson DrGrand 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 281 Coulson Dr, Grand Junction, CO, 81503 uses $69,615 cash to close to unlock $7,500/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $1,849/mo, and a $1,028/mo payment keeps the spread at $625/mo. Purchase price stands at $210,000, and rental yield measures 10.57% with $1,849/mo rent. Return on cash invested shows 30.68% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 160.14% and total cumulative return in cash records $111,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,849/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.49 Acres 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: JOSEPH SILZELL • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20252223
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.