435 32nd Rd UNIT 231Grand JunctionCO81520
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow435 32nd Rd UNIT 231, Grand Junction, CO, 81520 in Grand Junction carries a 1.87 coverage ratio, rent of $1,263/mo is 1.87 times the $674/mo payment. Rental yield 10.11%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $149,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $41,415; total projected cumulative return: $39,827.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $(309) | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,263 |
| Total Monthly Debt Service | $1,512 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2004
435.60 sqft lot
$N/A/sqft
$698 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81520, Clifton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,281 (59.8%) |
| Renter Occupied HU | 1,929 (35.1%) |
| Vacant Housing Units | 278 ( 5.1%) |
| Median Home Value | $266,219 |
| Average Home Value | $348,064 |
Housing Distribution
Address Breakdown
Residential
5,638
Single Family
5,102
Multi-Family
536
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2004
435.60 sqft lot
$N/A/sqft
$698 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81520, Clifton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,281 (59.8%) |
| Renter Occupied HU | 1,929 (35.1%) |
| Vacant Housing Units | 278 ( 5.1%) |
| Median Home Value | $266,219 |
| Average Home Value | $348,064 |
Housing Distribution
Address Breakdown
Residential
5,638
Single Family
5,102
Multi-Family
536
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • EXP REALTY, LLC
Mls Name: GJARA
Mls ID: #20244529
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.