115 E Cortez Dr UNIT 208SedonaAZ86351
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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 Sedona at 115 E Cortez Dr UNIT 208, Sedona, AZ, 86351 listed at $275,000 pairs $1,772/mo rent with a $1,346/mo payment. Total monthly income runs $1,772/mo. Return on cash invested measures 17.49% in year one, and rental yield registers 7.73% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 91.12% and total cumulative return in cash totals $83,063. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,772/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
288 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86351, Sedona, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,618 (100%) |
| Owner Occupied HU | 2,734 (59.2%) |
| Renter Occupied HU | 762 (16.5%) |
| Vacant Housing Units | 1,122 (24.3%) |
| Median Home Value | $711,359 |
| Average Home Value | $787,955 |
Housing Distribution
Address Breakdown
Residential
3,712
Single Family
3,257
Multi-Family
455
Businesses
158
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