672 Theresea CtGrand JunctionCO81505
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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 672 Theresea Ct, Grand Junction, CO, 81505 uses $125,141 cash to close to unlock $4,467/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,626/mo, and a $1,848/mo payment keeps the spread at $372/mo. Purchase price stands at $377,500, and rental yield measures 8.35% with $2,626/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $104,296 over five years. Five-year ROI reaches 121.71% and total cumulative return in cash records $152,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,626/mo property income covering a $1,848/mo payment rather than investor’s personal income.
Single Family
Built in 2006
3,920 sqft lot
$N/A/sqft
$641 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81505, Grand Junction, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,903 (100%) |
| Owner Occupied HU | 3,934 (66.6%) |
| Renter Occupied HU | 1,651 (28.0%) |
| Vacant Housing Units | 318 ( 5.4%) |
| Median Home Value | $466,702 |
| Average Home Value | $538,069 |
Housing Distribution
Address Breakdown
Residential
5,651
Single Family
5,140
Multi-Family
511
Businesses
1,143
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Listed by: N/A • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20252268
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.