18835 N Mayan DrMorehead CityAZ85373
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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 Morehead City at 18835 N Mayan Dr, Morehead City, AZ, 85373 uses $120,998 cash to close to unlock $1,403/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,786/mo payment keeps the spread at $117/mo. Purchase price stands at $365,000, and rental yield measures 7.48% with $2,274/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 108.68% and total cumulative return in cash records $131,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Multi Family
Built in 1980
3,820 sqft lot
$N/A/sqft
No 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: Joan Andersen • Coldwell Banker Realty
Mls Name: ARMLS
Mls ID: #6935982