282 Oak CtGrand 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
Rental property for sale in Grand Junction at 282 Oak Ct, Grand Junction, CO, 81503 priced at $297,500 pairs $2,148/mo rent with $414/mo cash flow after a $1,456/mo payment. Total monthly income equals $2,148/mo, and annual cash flow comes to $4,972/yr on $98,621 invested. Return on cash invested is 24.95% in year one, and rental yield stands at 8.66% on a $297,500 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,194 by year five. Five-year ROI measures 129.44% and total cumulative return in cash reaches $127,651. For financing, Ziffy Mortgage’s DSCR program evaluates $2,148/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
6,098 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 • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20253201
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.