971 24th 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
Investment property for sale in Grand Junction at 971 24th Rd, Grand Junction, CO, 81505 projects strong ROI of 4.94%. Rental yield 2%. With 5% annual appreciation, the property builds $703,137 in value over five years. Equity growth combined delivers a projected five-year ROI of 21.98%, translating into $181,279 in total cumulative return on $824,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2011
16.05 Acres lot
$N/A/sqft
$100 annually 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 • UNITED COUNTRY REAL COLORADO PROPERTIES
Mls Name: GJARA
Mls ID: #20251360
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.