384 Explorer Ct APT 3Grand 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 384 Explorer Ct APT 3, Grand Junction, CO, 81507 uses $124,313 cash to close to unlock $420/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $2,430/mo, and a $1,835/mo payment keeps the spread at $35/mo. Purchase price stands at $375,000, and rental yield measures 7.78% with $2,430/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 104.89% and total cumulative return in cash records $130,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,430/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
$210 monthly HOA
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Listed by: N/A • START REAL ESTATE
Mls Name: GJARA
Mls ID: #20252403
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