661 Allegheny 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 661 Allegheny Dr, Grand Junction, CO, 81504 priced at $498,000 pairs $3,084/mo rent with $182/mo cash flow after a $2,437/mo payment. Total monthly income equals $3,084/mo, and annual cash flow comes to $2,186/yr on $165,087 invested. Return on cash invested is 21.23% in year one, and rental yield stands at 7.43% on a $498,000 basis. Equity gained on principal adds $3,214/yr, and 5% annual appreciation accumulates to $137,588 by year five. Five-year ROI measures 109.49% and total cumulative return in cash reaches $180,748. For financing, Ziffy Mortgage’s DSCR program evaluates $3,084/mo property income against a $2,437/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
7,840 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: AMY ASHCRAFT • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20254171