373 Ridges Blvd APT 306Grand JunctionCO81507
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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 373 Ridges Blvd APT 306, Grand Junction, CO, 81507 listed at $283,500 pairs $2,041/mo rent with a $1,388/mo payment to leave $38/mo cash flow. Total monthly income runs $2,041/mo, and annual cash flow reaches $461/yr on $93,980 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 8.64% at a $283,500 basis. Equity gained on principal adds $1,829/yr, and annual property appreciation at 5% supports $78,326 by year five. Five-year ROI tracks 106.63% and total cumulative return in cash totals $100,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,041/mo property income relative to a $1,388/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
$350 monthly HOA
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Listed by: MICAH BUCZEK • HARVEST REALTY, LLC
Mls Name: GJARA
Mls ID: #20252923
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.