2240 Meadow LnOvergaardAZ85933
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
Investment property for sale in Overgaard at 2240 Meadow Ln, Overgaard, AZ, 85933 uses $104,423 cash to close to unlock $3,333/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,140/mo, and a $1,542/mo payment keeps the spread at $278/mo. Purchase price stands at $315,000, and rental yield measures 8.15% with $2,140/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash records $124,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,140/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85933, Overgaard, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,406 (100%) |
| Owner Occupied HU | 1,428 (32.4%) |
| Renter Occupied HU | 160 ( 3.6%) |
| Vacant Housing Units | 2,818 (64.0%) |
| Median Home Value | $371,478 |
| Average Home Value | $385,378 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
101
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Listed by: JoAnne Guderian • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6761806
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