1700 E Magellan DrMohave ValleyAZ86440
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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 Mohave Valley at 1700 E Magellan Dr, Mohave Valley, AZ, 86440 uses $79,063 cash to close to unlock $3,558/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,167/mo payment keeps the spread at $297/mo. Purchase price stands at $238,500, and rental yield measures 8.58% with $1,706/mo rent. Return on cash invested shows 24.41% in year one, and 5% annual appreciation builds toward $65,893 over five years. Five-year ROI reaches 126.64% and total cumulative return in cash records $100,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,167/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86440, Mohave Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 2,673 (51.3%) |
| Renter Occupied HU | 646 (12.4%) |
| Vacant Housing Units | 1,893 (36.3%) |
| Median Home Value | $293,941 |
| Average Home Value | $405,615 |
Housing Distribution
Address Breakdown
Residential
4,018
Single Family
3,959
Multi-Family
59
Businesses
96
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Listed by: Karen Arellanez • Friends at the River Realty
Mls Name: WARDEX
Mls ID: #035404