224 Midway #224PrescottAZ86305
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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 224 Midway #224, Prescott, AZ, 86305 generates $1,333/mo in rent and, after a $839/mo payment, leaves $320/mo in cash flow. Total monthly income is $1,333/mo, and annual cash flow is $3,836/yr on $56,852 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.33% on a $171,500 entry. Equity gained on principal adds $1,107/yr, while 5% annual appreciation builds toward $47,382 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash sums $78,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,333/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86305, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,031 (100%) |
| Owner Occupied HU | 8,687 (72.2%) |
| Renter Occupied HU | 1,713 (14.2%) |
| Vacant Housing Units | 1,631 (13.6%) |
| Median Home Value | $701,036 |
| Average Home Value | $756,184 |
Housing Distribution
Address Breakdown
Residential
11,218
Single Family
8,589
Multi-Family
2,629
Businesses
511
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