15 County Road 8641 NConchoAZ85924
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 15 County Road 8641 N, Concho, AZ, 85924 in Concho worth modelling. At $288,000 with a 7.75% gross yield, the $1,861/mo rent leaves $159/mo after the $1,295/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.44 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $79,569 by year five; $2,653/yr in principal reduction adds further equity. Total projected return: $119,112.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 4.0% |
| Monthly Cash Flow | $159 | $300 |
City averages based on Concho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,861 |
| Total Monthly Debt Service | $1,588 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
45.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
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
Single Family
Built in 2011
45.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Lander • KG Keller Williams Arizona Living Realty
Mls Name: WARDEX
Mls Provider:
Mls ID: #010942
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.