723 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
Investment property for sale in Grand Junction at 723 Metate Ct, Grand Junction, CO, 81505 earns $44/mo cash flow from $2,638/mo rent with a $2,141/mo payment. Total monthly income totals $2,638/mo, and annual cash flow totals $524/yr on $145,031 capital. ROI tracks 20.27% on current figures, and rental yield reads 7.24% at a $437,500 purchase. Equity gained on principal adds $2,823/yr, and 5% annual appreciation supports $120,873 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash sums $151,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,638/mo property income instead of your personal income.
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
$45 monthly 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 • THE CHRISTI REECE GROUP
Mls Name: GJARA
Mls ID: #20252456
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.