2909 Pheasant Run StGrand 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
Rental property for sale in Grand Junction at 2909 Pheasant Run St, Grand Junction, CO, 81506 generates $3,144/mo in rent and, after a $2,447/mo payment, leaves $214/mo in cash flow. Total monthly income is $3,144/mo, and annual cash flow is $2,564/yr on $165,750 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 7.55% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 110.71% and total cumulative return in cash sums $183,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
$200 annually 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: Amanda Espinoza • Keller Williams Colorado West GJ
Mls Name: AGSMLS
Mls ID: #188932
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.