1652 N Wheatfields RdGlobeAZ85501
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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 Globe at 1652 N Wheatfields Rd, Globe, AZ, 85501 offers a 9.34% rental yield on a $110,000 purchase with $856/mo rent. Total monthly income registers $856/mo, and a $538/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,474/yr on $36,465 to close, and return on cash invested stands at 26.69% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 138.97% and total cumulative return in cash at $50,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $856/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85501, Globe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 3,735 (62.3%) |
| Renter Occupied HU | 1,285 (21.4%) |
| Vacant Housing Units | 972 (16.2%) |
| Median Home Value | $188,834 |
| Average Home Value | $230,350 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
4,250
Multi-Family
137
Businesses
300
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Listed by: Shane L Dodd • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6869595
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010