3148 D 1/2 RdGrand JunctionCO81504
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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 3148 D 1/2 Rd, Grand Junction, CO, 81504 generates $2,030/mo in rent, after a $1,905/mo payment. Total monthly income is $2,030/mo. Return on cash invested sits at 17.69% in year one, and rental yield is 6.26% on a $389,300 entry. Equity gained on principal adds $2,512/yr, while 5% annual appreciation builds toward $107,556 over five years. Five-year ROI reaches 90.49% and total cumulative return in cash sums $116,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81504, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,749 (100%) |
| Owner Occupied HU | 10,184 (74.1%) |
| Renter Occupied HU | 3,093 (22.5%) |
| Vacant Housing Units | 472 ( 3.4%) |
| Median Home Value | $324,764 |
| Average Home Value | $340,662 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
12,578
Multi-Family
488
Businesses
380
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Listed by: STEVEN SCHIFF • ONYX PROPERTY MANAGEMENT LLC
Mls Name: GJARA
Mls ID: #20252327
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.