2231 S Elks Ln UNIT 77YumaAZ85364
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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 Yuma at 2231 S Elks Ln UNIT 77, Yuma, AZ, 85364 generates $1,675/mo in rent and, after a $925/mo payment, leaves $558/mo in cash flow. Total monthly income is $1,675/mo, and annual cash flow is $6,694/yr on $62,654 invested. Return on cash invested sits at 30.59% in year one, and rental yield is 10.63% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 159.77% and total cumulative return in cash sums $100,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,675/mo property income rather than buyer’s personal income.
Condo
Built in 1978
576 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85364, Yuma, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,957 (100%) |
| Owner Occupied HU | 16,363 (52.9%) |
| Renter Occupied HU | 10,328 (33.4%) |
| Vacant Housing Units | 4,266 (13.8%) |
| Median Home Value | $258,447 |
| Average Home Value | $261,148 |
Housing Distribution
Address Breakdown
Residential
26,652
Single Family
22,178
Multi-Family
4,474
Businesses
1,801
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Listed by: Diego Torres • Kino Realty Group
Mls Name: YARMLS
Mls Provider:
Mls ID: #20252593
Disclaimer: This data is provided by the Yuma Association of REALTORS, Inc. Multiple Listing Service. Real Estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity(SM) logo or the Broker Reciprocity thumbnail logo. This information is deemed reliable, but not guaranteed.