669 Cloverglen 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 669 Cloverglen Dr, Grand Junction, CO, 81504 priced at $559,900 converts $3,452/mo rent into $189/mo cash flow after a $2,740/mo obligation. Total monthly income equals $3,452/mo, and annual cash flow totals $2,273/yr on $184,207 invested. Return on cash invested prints 21.29% in year one, and rental yield reads 7.4% against a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation compiles into $154,690 by year five. Five-year ROI reaches 109.77% and total cumulative return in cash sums $202,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,452/mo property income covering a $2,740/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,969 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 • HILL & HOMES, LLC
Mls Name: GJARA
Mls ID: #20254143