1241 W Nelson RdAjoAZ85321
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
Investment Highlights
Rental property for sale in Ajo at 1241 W Nelson Rd, Ajo, AZ, 85321 priced at $189,500 converts $1,450/mo rent into $329/mo cash flow after a $928/mo obligation. Total monthly income equals $1,450/mo, and annual cash flow totals $3,952/yr on $62,819 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 9.18% against a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation compiles into $52,355 by year five. Five-year ROI reaches 136.28% and total cumulative return in cash sums $85,607. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,450/mo property income covering a $928/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85321, Ajo, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,144 (52.1%) |
| Renter Occupied HU | 429 (19.5%) |
| Vacant Housing Units | 623 (28.4%) |
| Median Home Value | $129,237 |
| Average Home Value | $347,102 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,743
Multi-Family
221
Businesses
125
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Nearby investment properties with comparable prices
Listed by: Frederick Nogales • RE/MAX Foothills
Mls Name: ARMLS
Mls Provider:
Mls ID: #6673244
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