2949 Ronda Lee Rd #AGrand 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 2949 Ronda Lee Rd #A, Grand Junction, CO, 81503 listed at $517,500 pairs $2,280/mo rent with a $2,533/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 14.49% in year one, and rental yield registers 5.29% at a $517,500 basis. Equity gained on principal adds $3,339/yr, and annual property appreciation at 5% supports $142,976 by year five. Five-year ROI tracks 73.45% and total cumulative return in cash totals $125,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $2,533/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
7,840 sqft lot
$N/A/sqft
$645 annually 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 • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20251332
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.