1057 S Griffiths LnFredoniaAZ86022
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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 Fredonia at 1057 S Griffiths Ln, Fredonia, AZ, 86022 priced at $1,100,000 pairs $2,911/mo rent with after a $5,384/mo payment. Total monthly income equals $2,911/mo. Return on cash invested is 8.28% in year one, and rental yield stands at 3.18% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 40% and total cumulative return in cash reaches $142,543. For financing, Ziffy Mortgage’s DSCR program evaluates $2,911/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
16.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86022, Fredonia, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 599 (100%) |
| Owner Occupied HU | 408 (68.1%) |
| Renter Occupied HU | 113 (18.9%) |
| Vacant Housing Units | 78 (13.0%) |
| Median Home Value | $291,964 |
| Average Home Value | $321,170 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
53
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