2404 W Palmer DrPaysonAZ85541
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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
Total monthly income runs $3,000/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 3% with $3,000/mo rent. Return on cash invested shows 7.74% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 37.1% and total cumulative return in cash records $144,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85541, Payson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,383 (100%) |
| Owner Occupied HU | 8,772 (57.0%) |
| Renter Occupied HU | 2,248 (14.6%) |
| Vacant Housing Units | 4,363 (28.4%) |
| Median Home Value | $369,227 |
| Average Home Value | $436,460 |
Housing Distribution
Address Breakdown
Residential
12,773
Single Family
11,913
Multi-Family
860
Businesses
658
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Listed by: Michelle Shelton • Life Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6886140
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