217 County Road 8243ConchoAZ85924
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 217 County Road 8243, Concho, AZ, 85924 in Concho: $1,312/mo in rent, $337/mo in net income, 9.55% gross yield, 1.77 DSCR, all at $164,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $45,559 in appreciation and $1,519/yr in principal paydown projects total cumulative return of $84,101.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.0% |
| Monthly Cash Flow | $337 | $300 |
City averages based on Concho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,312 |
| Total Monthly Debt Service | $909 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1961
4.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
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
Manufactured
Built in 1961
4.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rainie Lunt • Long Realty Covey Luxury Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6698404
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