104 Blue Sky LnElginAZ85611
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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 Elgin at 104 Blue Sky Ln, Elgin, AZ, 85611 offers a 3.34% rental yield on a $1,598,000 purchase with $4,453/mo rent. 8% in year one. Equity gained on principal adds $10,312/yr while 5% annual appreciation supports $441,498 over five years. Portfolio math shows five-year ROI at 42.79% and total cumulative return in cash at $221,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,453/mo property income against a $7,821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85611, Elgin, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 437 (68.7%) |
| Renter Occupied HU | 61 ( 9.6%) |
| Vacant Housing Units | 138 (21.7%) |
| Median Home Value | $420,775 |
| Average Home Value | $452,122 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
8
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