435 32nd Rd UNIT 803Grand JunctionCO81520
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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
Rental property for sale in Grand Junction at 435 32nd Rd UNIT 803, Grand Junction, CO, 81520 generates $841/mo in rent, after a $538/mo payment. Total monthly income is $841/mo. Return on cash invested sits at 1.36% in year one, and rental yield is 9.17% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 12.08% and total cumulative return in cash sums $4,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $841/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
N/A lot
$N/A/sqft
$764 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
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Listed by: N/A • GEAR & ASSOCIATES REALTY/MB
Mls Name: GJARA
Mls ID: #20251245
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.