2918 1/2 Highway 50Grand 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 2918 1/2 Highway 50, Grand Junction, CO, 81503 listed at $220,000 pairs $1,516/mo rent with a $1,077/mo payment to leave $234/mo cash flow. Total monthly income runs $1,516/mo, and annual cash flow reaches $2,804/yr on $72,930 cash to close. Return on cash invested measures 23.75% in year one, and rental yield registers 8.27% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 123.01% and total cumulative return in cash totals $89,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,516/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1977
0.48 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: THE SHAFER TEAM - STEPHANIE WOOLLEY • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20252211