215 Midway #215PrescottAZ86305
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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 Prescott at 215 Midway #215, Prescott, AZ, 86305 uses $59,339 cash to close to unlock $4,092/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,399/mo, and a $876/mo payment keeps the spread at $341/mo. Purchase price stands at $179,000, and rental yield measures 9.38% with $1,399/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash records $82,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,399/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86305, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,031 (100%) |
| Owner Occupied HU | 8,687 (72.2%) |
| Renter Occupied HU | 1,713 (14.2%) |
| Vacant Housing Units | 1,631 (13.6%) |
| Median Home Value | $701,036 |
| Average Home Value | $756,184 |
Housing Distribution
Address Breakdown
Residential
11,218
Single Family
8,589
Multi-Family
2,629
Businesses
511
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