204 Sherman Dr, Grand Junction, CO 81503
Grand Junction, CO 81503 · 3 bd · 1 ba · 1,306 sqft · Single Family · 35 days on market
The math, in full
- Asking price
- $309,900
- Down payment (15%)
- $46,485
- Loan amount
- $263,415
- Est. monthly rent
- $2,422/mo
- Range $2,059–$2,785/mo
- Monthly payment, all-in
- $2,081/mo
- Mortgage + taxes + insurance (PITIA)
- Cashflow ratio (DSCR)
- 1.16
- $2,422 rent ÷ $2,081 payment
- Monthly cashflow
- +$341/mo
- What's left after the payment
Where the rent number comes from
Median asking rent for 3-bedroom homes in zip 81503, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.
Cash to start
$46,485
15% down on $309,900
Your local lenderNo credit pull. No obligation. A loan officer confirms real terms within one business day.
- Screened against real lending criteria — this one fits 3 programs.
- Qualifies on the property's rent — no W-2 or tax returns.
- Listing data verified as of June 8, 2026.
Not the one? Browse more in CO →
Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.