218 E Hardy StMiamiAZ85539
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
Investment Highlights
Rental property for sale in Miami at 218 E Hardy St, Miami, AZ, 85539 offers $2,460/mo rent that, after a $524/mo payment, leaves $1,827/mo cash flow. Total monthly income is $2,460/mo, and annual cash flow is $21,927/yr on $35,471 cash. Return on cash invested measures 81.73% in year one, and rental yield stands at 27.59% at a $107,000 entry. Equity gained on principal adds $690/yr while 5% annual appreciation compounds into $29,562 by year five. Five-year ROI records 434.07% and total cumulative return in cash reaches $153,966. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,460/mo property income versus a $524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85539, Miami, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 957 (57.2%) |
| Renter Occupied HU | 324 (19.4%) |
| Vacant Housing Units | 393 (23.5%) |
| Median Home Value | $133,929 |
| Average Home Value | $221,891 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
