1603 E El CorroFort MohaveAZ86426
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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 Fort Mohave at 1603 E El Corro, Fort Mohave, AZ, 86426 generates $2,081/mo in rent and, after a $1,566/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,081/mo, and annual cash flow is $2,086/yr on $106,080 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 7.8% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 113.08% and total cumulative return in cash sums $119,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,081/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
10,018 sqft lot
$N/A/sqft
$190 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86426, Fort Mohave, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,577 (100%) |
| Owner Occupied HU | 6,047 (70.5%) |
| Renter Occupied HU | 1,235 (14.4%) |
| Vacant Housing Units | 1,295 (15.1%) |
| Median Home Value | $310,547 |
| Average Home Value | $368,731 |
Housing Distribution
Address Breakdown
Residential
7,999
Single Family
7,711
Multi-Family
288
Businesses
418
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Listed by: Duston Vance • Real Broker
Mls Name: WARDEX
Mls Provider:
Mls ID: #028571
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.