2850 Texas AveGrand junctionCO81501
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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 2850 Texas Ave, Grand junction, CO, 81501 earns $1,413/mo cash flow from $2,083/mo rent with a $563/mo payment. Total monthly income totals $2,083/mo, and annual cash flow totals $16,952/yr on $38,123 capital. ROI tracks 64.38% on current figures, and rental yield reads 21.74% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 340.83% and total cumulative return in cash sums $129,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,083/mo property income instead of your personal income.
Manufactured
Built in 1971
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81501, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,528 (100%) |
| Owner Occupied HU | 4,231 (36.7%) |
| Renter Occupied HU | 6,387 (55.4%) |
| Vacant Housing Units | 910 ( 7.9%) |
| Median Home Value | $337,711 |
| Average Home Value | $395,588 |
Housing Distribution
Address Breakdown
Residential
10,480
Single Family
9,413
Multi-Family
1,067
Businesses
1,762
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Listed by: N/A • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20253801
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.