223 E Willis StPrescottAZ86301
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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 Prescott at 223 E Willis St, Prescott, AZ, 86301 generates $1,758/mo in rent, after a $6,608/mo payment. Total monthly income is $1,758/mo. Return on cash invested sits at 3.3% in year one, and rental yield is 1.56% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 13.3% and total cumulative return in cash sums $58,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,758/mo property income rather than buyer’s personal income.
Multi Family
Built in 1967
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86301, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,198 (100%) |
| Owner Occupied HU | 9,261 (60.9%) |
| Renter Occupied HU | 3,892 (25.6%) |
| Vacant Housing Units | 2,045 (13.5%) |
| Median Home Value | $563,521 |
| Average Home Value | $599,411 |
Housing Distribution
Address Breakdown
Residential
13,616
Single Family
9,599
Multi-Family
4,017
Businesses
1,437
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