551 E Grand AveFruitaCO81521
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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 Fruita at 551 E Grand Ave, Fruita, CO, 81521 offers $1,948/mo rent that, after a $2,447/mo payment. Total monthly income is $1,948/mo. Return on cash invested measures 12.92% in year one, and rental yield stands at 4.68% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 64.89% and total cumulative return in cash reaches $107,552. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,948/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81521, Fruita, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 5,360 (74.9%) |
| Renter Occupied HU | 1,427 (20.0%) |
| Vacant Housing Units | 365 ( 5.1%) |
| Median Home Value | $440,246 |
| Average Home Value | $521,174 |
Housing Distribution
Address Breakdown
Residential
6,855
Single Family
6,626
Multi-Family
229
Businesses
465
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Listed by: N/A • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20233649
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.