707 Metate 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
Rental property for sale in Grand Junction at 707 Metate Ct, Grand Junction, CO, 81505 priced at $424,000 pairs $2,660/mo rent with $189/mo cash flow after a $2,075/mo payment. Total monthly income equals $2,660/mo, and annual cash flow comes to $2,271/yr on $140,556 invested. Return on cash invested is 21.52% in year one, and rental yield stands at 7.53% on a $424,000 basis. Equity gained on principal adds $2,736/yr, and 5% annual appreciation accumulates to $117,143 by year five. Five-year ROI measures 111.04% and total cumulative return in cash reaches $156,075. For financing, Ziffy Mortgage’s DSCR program evaluates $2,660/mo property income against a $2,075/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
5,662 sqft 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
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Listed by: REGINA STOUT • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20255519