1185 W University Ave UNIT 16-228FlagstaffAZ86001
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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 Flagstaff at 1185 W University Ave UNIT 16-228, Flagstaff, AZ, 86001 listed at $249,900 pairs $1,818/mo rent with a $1,223/mo payment to leave $142/mo cash flow. Total monthly income runs $1,818/mo, and annual cash flow reaches $1,703/yr on $82,842 cash to close. Return on cash invested measures 21.97% in year one, and rental yield registers 8.73% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 114.54% and total cumulative return in cash totals $94,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,818/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
435.60 sqft lot
$N/A/sqft
$199 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: Patricia M Rose • RE/MAX Fine Properties
Mls Name: NAZMLS
Mls Provider:
Mls ID: #201136
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.