237 E Ridge RunTonto BasinAZ85553
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 Tonto Basin at 237 E Ridge Run, Tonto Basin, AZ, 85553 priced at $299,900 pairs $2,502/mo rent with $729/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,502/mo, and annual cash flow comes to $8,749/yr on $99,417 invested. Return on cash invested is 28.71% in year one, and rental yield stands at 10.01% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 149.71% and total cumulative return in cash reaches $148,840. For financing, Ziffy Mortgage’s DSCR program evaluates $2,502/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2001
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85553, Tonto Basin, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 759 (58.1%) |
| Renter Occupied HU | 86 ( 6.6%) |
| Vacant Housing Units | 462 (35.3%) |
| Median Home Value | $228,963 |
| Average Home Value | $267,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: Margaret Rambo • RAMBO REALTY & INVESTMENT
Mls Name: CAAR
Mls ID: #93118