1385 W University Ave UNIT 8-257FlagstaffAZ86001
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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 Flagstaff at 1385 W University Ave UNIT 8-257, Flagstaff, AZ, 86001 generates $1,660/mo in rent, after a $1,463/mo payment. Total monthly income is $1,660/mo. Return on cash invested sits at 18.61% in year one, and rental yield is 6.66% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 95.57% and total cumulative return in cash sums $94,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Condo
Built in 1985
653 sqft lot
$N/A/sqft
No 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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