354 Northridge DrGrand 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 354 Northridge Dr, Grand Junction, CO, 81506 earns from $3,139/mo rent with a $2,765/mo payment. Total monthly income totals $3,139/mo. ROI tracks 18.99% on current figures, and rental yield reads 6.67% at a $565,000 purchase. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 over five years. Five-year ROI reaches 97.45% and total cumulative return in cash sums $181,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,139/mo property income instead of your personal income.
Single Family
Built in 1983
0.27 Acres lot
$N/A/sqft
$150 annually 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: LYNDSEY STURGILL • EXP REALTY, LLC
Mls Name: GJARA
Mls ID: #20254001
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.