1385 W University Ave UNIT 148FlagstaffAZ86001
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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 Flagstaff at 1385 W University Ave UNIT 148, Flagstaff, AZ, 86001 earns $50/mo cash flow from $2,321/mo rent with a $1,708/mo payment. Total monthly income totals $2,321/mo, and annual cash flow totals $602/yr on $115,694 capital. ROI tracks 20.43% on current figures, and rental yield reads 7.98% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 106.07% and total cumulative return in cash sums $122,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,321/mo property income instead of your personal income.
Condo
Built in 1999
871.20 sqft lot
$N/A/sqft
$208 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
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Listed by: Ian Quast • RE/MAX Fine Properties
Mls Name: NAZMLS
Mls Provider:
Mls ID: #197531
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.