1088 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
Investment property for sale in Fredonia at 1088 S Griffiths Ln, Fredonia, AZ, 86022 uses $82,875 cash to close to unlock $2,914/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,721/mo, and a $1,224/mo payment keeps the spread at $243/mo. Purchase price stands at $249,999, and rental yield measures 8.26% with $1,721/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash records $100,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,721/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3.80 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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