637 Leah CtGrand 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 637 Leah Ct, Grand Junction, CO, 81504 with 5% annual appreciation on a $392,900 basis while $2,471/mo rent supports operations. Total monthly income totals $2,471/mo and a $1,923/mo payment preserves $181/mo for cash returns. Annual cash flow comes to $2,175/yr on $130,246 deployed, and return on cash invested reaches 21.58% in year one. Equity gained on principal adds $2,535/yr, and five-year appreciation sums $108,551 alongside rental yield of 7.55%. Five-year ROI measures 111.35% and total cumulative return in cash totals $145,027.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,471/mo property income versus a $1,923/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
10,018 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 • HOMESMART REALTY PARTNERS
Mls Name: GJARA
Mls ID: #20253843
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.