738-23 1/2 RdGrand 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 738-23 1/2 Rd, Grand Junction, CO, 81505 generates $2,297/mo in rent and, after a $1,884/mo payment, leaves $54/mo in cash flow. Total monthly income is $2,297/mo, and annual cash flow is $644/yr on $127,628 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 7.16% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 105.08% and total cumulative return in cash sums $134,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,297/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
1 Acres 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: N/A • COLDWELL BANKER DISTINCTIVE PROPERTIES
Mls Name: GJARA
Mls ID: #20241613
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.