13 Ponderosa DrMormon LakeAZ86038
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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
Rental property for sale in Mormon Lake at 13 Ponderosa Dr, Mormon Lake, AZ, 86038 offers $2,267/mo rent that, after a $2,080/mo payment. Total monthly income is $2,267/mo. Return on cash invested measures 17.82% in year one, and rental yield stands at 6.4% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 91.26% and total cumulative return in cash reaches $128,573. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,267/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86038, Mormon Lake, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 34 (10.9%) |
| Renter Occupied HU | 13 ( 4.2%) |
| Vacant Housing Units | 264 (84.9%) |
| Median Home Value | $645,833 |
| Average Home Value | $576,471 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
9
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Listed by: Sinan J Zakaria • Listed Simply
Mls Name: NAZMLS
Mls ID: #201923