623 Monarch WayGrand 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 623 Monarch Way, Grand Junction, CO, 81504 earns $1,502/mo cash flow from $4,200/mo rent with a $2,266/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $18,022/yr on $153,485 capital. ROI tracks 31.65% on current figures, and rental yield reads 10.89% at a $463,000 purchase. Equity gained on principal adds $2,988/yr, and 5% annual appreciation supports $127,918 over five years. Five-year ROI reaches 165.33% and total cumulative return in cash sums $253,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 2001
8,276 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: SHANNON SNEDDON • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20255249