183 N Becker Lake RdSpringervilleAZ85938
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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
Rental property for sale in Springerville at 183 N Becker Lake Rd, Springerville, AZ, 85938 offers $2,538/mo rent that, after a $3,304/mo payment. Total monthly income is $2,538/mo. Return on cash invested measures 12.21% in year one, and rental yield stands at 4.51% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 61.17% and total cumulative return in cash reaches $135,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,538/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85938, Springerville, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 765 (56.7%) |
| Renter Occupied HU | 217 (16.1%) |
| Vacant Housing Units | 367 (27.2%) |
| Median Home Value | $248,664 |
| Average Home Value | $288,745 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
453
Multi-Family
56
Businesses
158
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Nearby investment properties with comparable prices
Listed by: Shelly Reidhead • Elk Country Realty LLC
Mls Name: WMAOR
Mls ID: #256882