655 Springbrook DrGrand JunctionCO81504
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 655 Springbrook Dr, Grand Junction, CO, 81504 in Grand Junction earns a 8.32% gross yield at $336,800. Rent of $2,334/mo nets $371/mo after the $1,514/mo mortgage. The 1.54 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $93,052 and $3,102/yr in equity accumulation project a total cumulative return of $151,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $371 | $450 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,334 |
| Total Monthly Debt Service | $1,829 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2003
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: United Country
Mls ID: #05071-250269