562 Eastwood 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
Rental property for sale in Grand Junction at 562 Eastwood Dr, Grand Junction, CO, 81504 priced at $225,000 converts $1,702/mo rent into $391/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,702/mo, and annual cash flow totals $4,692/yr on $74,588 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 9.08% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 136.09% and total cumulative return in cash sums $101,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,702/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
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: N/A • RONIN REAL ESTATE PROFESSIONALS ERA POWERED
Mls Name: GJARA
Mls ID: #20251077
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.