324 Music LnGrand JunctionCO81506
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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 324 Music Ln, Grand Junction, CO, 81506 earns from $2,779/mo rent with a $2,619/mo payment. Total monthly income totals $2,779/mo. ROI tracks 17.75% on current figures, and rental yield reads 6.23% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 90.74% and total cumulative return in cash sums $159,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,779/mo property income instead of your personal income.
Single Family
Built in 1977
10,088 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81506, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 3,819 (66.4%) |
| Renter Occupied HU | 1,483 (25.8%) |
| Vacant Housing Units | 448 ( 7.8%) |
| Median Home Value | $486,868 |
| Average Home Value | $518,133 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
4,938
Multi-Family
878
Businesses
368
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Listed by: ROBBIE SENG • HOMESMART REALTY PARTNERS
Mls Name: GJARA
Mls ID: #20255113