3658 Ridge DrGrand JunctionCO81506
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3658 Ridge Dr, Grand Junction, CO, 81506 in Grand Junction fits: $949,900, 5.24% gross yield, and a projected 5% annual appreciation rate adding $262,440 in value within five years. Rental yield 5.24%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.97) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $8,749/yr in principal paydown and $262,440 in appreciation project a total return of $265,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.2% |
| Monthly Cash Flow | $(1,458) | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,148 |
| Total Monthly Debt Service | $5,229 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1997
0.58 Acres lot
$N/A/sqft
$850 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
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 1997
0.58 Acres lot
$N/A/sqft
$850 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BEA MCPHERREN • RE/MAX RISE UP
Mls Name: GJARA
Mls ID: #20252067
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.