808 Lanai 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
Investment property for sale in Grand Junction at 808 Lanai Dr, Grand Junction, CO, 81506 with 5% annual appreciation on a $618,100 basis while $3,895/mo rent supports operations. Total monthly income totals $3,895/mo and a $3,025/mo payment preserves $280/mo for cash returns. Annual cash flow comes to $3,361/yr on $203,355 deployed, and return on cash invested reaches 21.71% in year one. Equity gained on principal adds $3,989/yr, and five-year appreciation sums $170,770 alongside rental yield of 7.56%. Five-year ROI measures 112.05% and total cumulative return in cash totals $227,850.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,895/mo property income versus a $3,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
$13 monthly 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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