708 Niblic DrGrand 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 708 Niblic Dr, Grand Junction, CO, 81506 offers $3,754/mo rent that, after a $2,043/mo payment, leaves $1,321/mo cash flow. Total monthly income is $3,754/mo, and annual cash flow is $15,856/yr on $138,401 cash. Return on cash invested measures 31.37% in year one, and rental yield stands at 10.79% at a $417,500 entry. Equity gained on principal adds $2,694/yr while 5% annual appreciation compounds into $115,348 by year five. Five-year ROI records 163.81% and total cumulative return in cash reaches $226,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,754/mo property income versus a $2,043/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.28 Acres 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: MEGAN POWELL • KEY REALTY
Mls Name: GJARA
Mls ID: #20252757
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.