18 Wedge LnConchoAZ85924
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Concho at 18 Wedge Ln, Concho, AZ, 85924 offers a 9.92% rental yield on a $314,000 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,537/mo payment leaves $740/mo available for distribution. Annual cash flow reaches $8,877/yr on $104,091 to close, and return on cash invested stands at 28.44% in year one. Equity gained on principal adds $2,026/yr while 5% annual appreciation supports $86,752 over five years. Portfolio math shows five-year ROI at 148.21% and total cumulative return in cash at $154,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,537/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
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