1405 S Highland DrPrescottAZ86303
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 Prescott at 1405 S Highland Dr, Prescott, AZ, 86303 offers $2,878/mo rent that, after a $1,278/mo payment, leaves $1,334/mo cash flow. Total monthly income is $2,878/mo, and annual cash flow is $16,013/yr on $86,589 cash. Return on cash invested measures 38.4% in year one, and rental yield stands at 13.22% at a $261,203 entry. Equity gained on principal adds $1,686/yr while 5% annual appreciation compounds into $72,166 by year five. Five-year ROI records 201.68% and total cumulative return in cash reaches $174,635. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $1,278/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86303, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,455 (100%) |
| Owner Occupied HU | 7,106 (57.1%) |
| Renter Occupied HU | 2,609 (20.9%) |
| Vacant Housing Units | 2,740 (22.0%) |
| Median Home Value | $592,994 |
| Average Home Value | $629,955 |
Housing Distribution
Address Breakdown
Residential
10,760
Single Family
9,300
Multi-Family
1,460
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices