1200 S Riordan Ranch St APT 2FlagstaffAZ86001
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1200 S Riordan Ranch St APT 2, Flagstaff, AZ, 86001 in Flagstaff at $340,000 earns $2,300/mo in rent and nets $4/mo after the $1,529/mo payment, a 8.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $93,936 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $3,131/yr in principal paydown, total projected return reaches $129,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $4 | $1,200 |
City averages based on Flagstaff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,300 |
| Total Monthly Debt Service | $2,162 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1983
1,865 sqft lot
$N/A/sqft
$287 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in 1983
1,865 sqft lot
$N/A/sqft
$287 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Caro • Flagstaff Top Producers Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6770575
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010