665 Tilman Dr #BGrand JunctionCO81506
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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 665 Tilman Dr #B, Grand Junction, CO, 81506 priced at $720,000 converts $3,288/mo rent into after a $3,524/mo obligation. Total monthly income equals $3,288/mo. Return on cash invested prints 15.46% in year one, and rental yield reads 5.48% against a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation compiles into $198,923 by year five. Five-year ROI reaches 78.46% and total cumulative return in cash sums $185,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,288/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81506, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 3,819 (66.4%) |
| Renter Occupied HU | 1,483 (25.8%) |
| Vacant Housing Units | 448 ( 7.8%) |
| Median Home Value | $486,868 |
| Average Home Value | $518,133 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
4,938
Multi-Family
878
Businesses
368
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Listed by: N/A • RIVER CITY REAL ESTATE, LLC
Mls Name: GJARA
Mls ID: #20252946
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.