1385 W University Ave UNIT 278FlagstaffAZ86001
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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
Investment property for sale in Flagstaff at 1385 W University Ave UNIT 278, Flagstaff, AZ, 86001 listed at $362,000 pairs $2,282/mo rent with a $1,772/mo payment. Total monthly income runs $2,282/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 7.56% at a $362,000 basis. Equity gained on principal adds $2,336/yr, and annual property appreciation at 5% supports $100,014 by year five. Five-year ROI tracks 97.79% and total cumulative return in cash totals $117,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,282/mo property income relative to a $1,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2000
906 sqft lot
$N/A/sqft
$246 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: Karl Stauffer • RealtyONEGroup Mountain Desert
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854046
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