13 Prairie LnElginAZ85611
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 Elgin at 13 Prairie Ln, Elgin, AZ, 85611 priced at $645,000 pairs $4,384/mo rent with $377/mo cash flow after a $3,157/mo payment. Total monthly income equals $4,384/mo, and annual cash flow comes to $4,520/yr on $212,205 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 8.16% on a $645,000 basis. Equity gained on principal adds $4,162/yr, and 5% annual appreciation accumulates to $178,202 by year five. Five-year ROI measures 115.07% and total cumulative return in cash reaches $244,192. For financing, Ziffy Mortgage’s DSCR program evaluates $4,384/mo property income against a $3,157/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
9.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85611, Elgin, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 437 (68.7%) |
| Renter Occupied HU | 61 ( 9.6%) |
| Vacant Housing Units | 138 (21.7%) |
| Median Home Value | $420,775 |
| Average Home Value | $452,122 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
8
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Nearby investment properties with comparable prices
Listed by: Thomas Rownan • Long Realty Company
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22511997
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