203 3rd StJeromeAZ86331
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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 Jerome at 203 3rd St, Jerome, AZ, 86331 priced at $499,000 pairs $2,749/mo rent with after a $2,442/mo payment. Total monthly income equals $2,749/mo. Return on cash invested is 18.46% in year one, and rental yield stands at 6.61% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 94.69% and total cumulative return in cash reaches $156,630. For financing, Ziffy Mortgage’s DSCR program evaluates $2,749/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86331, Jerome, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 225 (66.4%) |
| Renter Occupied HU | 64 (18.9%) |
| Vacant Housing Units | 50 (14.7%) |
| Median Home Value | $573,370 |
| Average Home Value | $551,944 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: Carol Anne Teague • Realty ONE Group Mountain Desert Sedona
Mls Name: SVVAR
Mls Provider:
Mls ID: #537792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.