431 Colorow 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 431 Colorow Dr, Grand Junction, CO, 81504 offers a 7.44% rental yield on a $369,000 purchase with $2,287/mo rent. Total monthly income registers $2,287/mo, and a $1,806/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,639/yr on $122,324 to close, and return on cash invested stands at 21.25% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 109.56% and total cumulative return in cash at $134,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,287/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
4,791 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: DANIELLE LAWRENCE • RED ROCK REAL ESTATE
Mls Name: GJARA
Mls ID: #20254794