1724 E Joy LnFort 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 1724 E Joy Ln, Fort Mohave, AZ, 86426 generates $3,056/mo in rent, after a $2,687/mo payment. Total monthly income is $3,056/mo. Return on cash invested sits at 18.8% in year one, and rental yield is 6.68% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 96.51% and total cumulative return in cash sums $174,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,056/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
2.16 Acres lot
$N/A/sqft
No 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 ID: #034948