808 Jamaica 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 808 Jamaica Dr, Grand Junction, CO, 81506 priced at $488,800 converts $3,311/mo rent into $449/mo cash flow after a $2,392/mo obligation. Total monthly income equals $3,311/mo, and annual cash flow totals $5,388/yr on $162,037 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 8.13% against a $488,800 entry. Equity gained on principal adds $3,154/yr, while 5% annual appreciation compiles into $135,046 by year five. Five-year ROI reaches 120.26% and total cumulative return in cash sums $194,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,311/mo property income covering a $2,392/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
$165 annually 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: N/A • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20242805
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.