3 Cognac CtGrand JunctionCO81507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3 Cognac Ct, Grand Junction, CO, 81507 uses $104,787 cash to close to unlock $3,972/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,318/mo, and a $1,547/mo payment keeps the spread at $331/mo. Purchase price stands at $316,100, and rental yield measures 8.8% with $2,318/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $87,333 over five years. Five-year ROI reaches 123.28% and total cumulative return in cash records $129,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,318/mo property income covering a $1,547/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
3,920 sqft lot
$N/A/sqft
$145 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20253184
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.