373 Ridges Blvd APT 314Grand 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 314, Grand Junction, CO, 81507 uses $90,334 cash to close to unlock $1,664/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,334/mo payment keeps the spread at $139/mo. Purchase price stands at $272,500, and rental yield measures 9.15% with $2,077/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $75,287 over five years. Five-year ROI reaches 113.94% and total cumulative return in cash records $102,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,334/mo payment rather than investor’s personal income.
Condo
Built in 1981
435.60 sqft lot
$N/A/sqft
$350 monthly HOA
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Listed by: N/A • BRAY REAL ESTATE
Mls Name: GJARA
Mls ID: #20251827
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.