24 County Rd #3116ConchoAZ85924
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 Concho at 24 County Rd #3116, Concho, AZ, 85924 uses $33,813 cash to close to unlock $2,332/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $797/mo, and a $499/mo payment keeps the spread at $194/mo. Purchase price stands at $102,000, and rental yield measures 9.38% with $797/mo rent. Return on cash invested shows 26.8% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 139.6% and total cumulative return in cash records $47,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $797/mo property income covering a $499/mo payment rather than investor’s personal income.
Manufactured
Built in 2009
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
