357 Music LnGrand JunctionCO81506
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 357 Music Ln, Grand Junction, CO, 81506 in Grand Junction is a conservative rental investment at $629,900. Rental yield 6.76%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $174,030; $5,801/yr in principal paydown supplements. Total projected return: $230,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(120) | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,551 |
| Total Monthly Debt Service | $3,420 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
10,454 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
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
Single Family
Built in 1977
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMY ASHCRAFT • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20255360