704 Royal Canyon St #F2Grand JunctionCO81505
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
Investment Highlights
Investment property for sale in Grand Junction at 704 Royal Canyon St #F2, Grand Junction, CO, 81505 earns from $1,440/mo rent with a $1,774/mo payment. Total monthly income totals $1,440/mo. ROI tracks 13.19% on current figures, and rental yield reads 4.77% at a $362,400 purchase. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,124 over five years. Five-year ROI reaches 66.36% and total cumulative return in cash sums $79,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: THE GRAND JUNCTION GROUP - JOSEPH HERZBERG • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20255439