305 Kava WayGrand 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
Rental property for sale in Grand Junction at 305 Kava Way, Grand Junction, CO, 81503 priced at $381,000 converts $2,298/mo rent into $47/mo cash flow after a $1,865/mo obligation. Total monthly income equals $2,298/mo, and annual cash flow totals $569/yr on $126,302 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 7.24% against a $381,000 entry. Equity gained on principal adds $2,459/yr, while 5% annual appreciation compiles into $105,263 by year five. Five-year ROI reaches 104.9% and total cumulative return in cash sums $132,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $1,865/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.31 Acres lot
$N/A/sqft
$360 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 • FELECIA BISHOP REALTY, LLC
Mls Name: GJARA
Mls ID: #20252662
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.