1185 W University Ave UNIT 15-222FlagstaffAZ86001
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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
Total monthly income runs $1,703/mo, and a $1,415/mo payment. Purchase price stands at $289,000, and rental yield measures 7.07% with $1,703/mo rent. Return on cash invested shows 17.13% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 88.6% and total cumulative return in cash records $84,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,703/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1995
871.20 sqft lot
$N/A/sqft
$216 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86001, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,498 (100%) |
| Owner Occupied HU | 5,718 (36.9%) |
| Renter Occupied HU | 7,610 (49.1%) |
| Vacant Housing Units | 2,170 (14.0%) |
| Median Home Value | $617,005 |
| Average Home Value | $643,322 |
Housing Distribution
Address Breakdown
Residential
15,233
Single Family
6,309
Multi-Family
8,924
Businesses
1,438
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Listed by: Lisa A Paffrath • Better Homes and Gardens Real Estate Grand View North
Mls Name: NAZMLS
Mls Provider:
Mls ID: #201161
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.