847 Fire Agate LnGrand JunctionCO81506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 847 Fire Agate Ln, Grand Junction, CO, 81506 priced at $819,900 pairs $4,120/mo rent with after a $4,013/mo payment. Total monthly income equals $4,120/mo. Return on cash invested is 17.13% in year one, and rental yield stands at 6.03% on a $819,900 basis. Equity gained on principal adds $5,291/yr, and 5% annual appreciation accumulates to $226,523 by year five. Five-year ROI measures 87.43% and total cumulative return in cash reaches $235,851. For financing, Ziffy Mortgage’s DSCR program evaluates $4,120/mo property income against a $4,013/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: WALZ CARLISLE TEAM • RIVER CITY REAL ESTATE, LLC
Mls Name: GJARA
Mls ID: #20255626