111 Red Mountain CtPatagoniaAZ85624
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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 Patagonia at 111 Red Mountain Ct, Patagonia, AZ, 85624 generates $2,683/mo in rent, after a $2,883/mo payment. Total monthly income is $2,683/mo. Return on cash invested sits at 15.11% in year one, and rental yield is 5.47% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 76.75% and total cumulative return in cash sums $148,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,683/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
4.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85624, Patagonia, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 486 (54.9%) |
| Renter Occupied HU | 111 (12.5%) |
| Vacant Housing Units | 288 (32.5%) |
| Median Home Value | $370,455 |
| Average Home Value | $409,429 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
70
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