424 Morning Dove DrGrand JunctionCO81504
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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 424 Morning Dove Dr, Grand Junction, CO, 81504 with 5% annual appreciation on a $297,500 basis while $2,476/mo rent supports operations. Total monthly income totals $2,476/mo and a $1,456/mo payment preserves $742/mo for cash returns. Annual cash flow comes to $8,908/yr on $98,621 deployed, and return on cash invested reaches 28.94% in year one. Equity gained on principal adds $1,920/yr, and five-year appreciation sums $82,194 alongside rental yield of 9.99%. Five-year ROI measures 150.83% and total cumulative return in cash totals $148,747.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,476/mo property income versus a $1,456/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81504, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,749 (100%) |
| Owner Occupied HU | 10,184 (74.1%) |
| Renter Occupied HU | 3,093 (22.5%) |
| Vacant Housing Units | 472 ( 3.4%) |
| Median Home Value | $324,764 |
| Average Home Value | $340,662 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
12,578
Multi-Family
488
Businesses
380
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Listed by: KEVIN EVERSON • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20254625