18202 N 99th DrMorehead CityAZ85373
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 Morehead City at 18202 N 99th Dr, Morehead City, AZ, 85373 uses $86,190 cash to close to unlock $4,520/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,273/mo payment keeps the spread at $377/mo. Purchase price stands at $260,000, and rental yield measures 10.5% with $2,274/mo rent. Return on cash invested shows 25.15% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 132.43% and total cumulative return in cash records $114,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
3,652 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85373, Sun City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,479 (100%) |
| Owner Occupied HU | 8,056 (76.9%) |
| Renter Occupied HU | 1,067 (10.2%) |
| Vacant Housing Units | 1,356 (12.9%) |
| Median Home Value | $392,548 |
| Average Home Value | $442,184 |
Housing Distribution
Address Breakdown
Residential
9,589
Single Family
8,976
Multi-Family
613
Businesses
100
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Listed by: Kyle Keller • Keller Williams Realty Professional Partners
Mls Name: ARMLS
Mls Provider:
Mls ID: #6803631
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