1600 N Wilmot Rd UNIT 316TucsonAZ85712
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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 Tucson at 1600 N Wilmot Rd UNIT 316, Tucson, AZ, 85712 uses $44,753 cash to close to unlock $4,497/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $1,173/mo, and a $661/mo payment keeps the spread at $375/mo. Purchase price stands at $135,000, and rental yield measures 10.43% with $1,173/mo rent. Return on cash invested shows 29.96% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 156.41% and total cumulative return in cash records $69,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,173/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1973
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85712, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,287 (42.3%) |
| Renter Occupied HU | 8,787 (51.0%) |
| Vacant Housing Units | 1,172 ( 6.8%) |
| Median Home Value | $331,481 |
| Average Home Value | $365,623 |
Housing Distribution
Address Breakdown
Residential
16,911
Single Family
12,898
Multi-Family
4,013
Businesses
1,583
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Listed by: Ariel Cuevas • Real Broker
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22429912
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