1240 W 2nd AveApache JunctionAZ85120
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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 Apache Junction at 1240 W 2nd Ave, Apache Junction, AZ, 85120 offers a 7.3% rental yield on a $425,000 purchase with $2,585/mo rent. Total monthly income registers $2,585/mo, and a $2,080/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $299/yr on $140,888 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 103.75% and total cumulative return in cash at $146,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,585/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
$48 monthly HOA
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Listed by: Cami Lynn Garcia • Western Lifestyle Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6728946
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