1029 Tower Butte RdPageAZ86040
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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 Page at 1029 Tower Butte Rd, Page, AZ, 86040 offers $874/mo rent that, after a $536/mo payment. Total monthly income is $874/mo. Return on cash invested measures 19.34% in year one, and rental yield stands at 9.58% at a $109,500 entry. Equity gained on principal adds $707/yr while 5% annual appreciation compounds into $30,253 by year five. Five-year ROI records 102.38% and total cumulative return in cash reaches $37,163. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $874/mo property income versus a $536/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$244 month HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86040, Page, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,589 (100%) |
| Owner Occupied HU | 2,304 (64.2%) |
| Renter Occupied HU | 838 (23.3%) |
| Vacant Housing Units | 447 (12.5%) |
| Median Home Value | $211,194 |
| Average Home Value | $233,902 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
506
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