217 County Road 8243ConchoAZ85924
Nearby investment properties with comparable rents
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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 Concho at 217 County Road 8243, Concho, AZ, 85924 earns $337/mo cash flow from $1,312/mo rent with a $807/mo payment. Total monthly income totals $1,312/mo, and annual cash flow totals $4,048/yr on $54,664 capital. ROI tracks 27.31% on current figures, and rental yield reads 9.55% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 142.26% and total cumulative return in cash sums $77,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,312/mo property income instead of your personal income.
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
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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