2429 E Carnation StDouglasAZ85607
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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
Investment property for sale in Douglas at 2429 E Carnation St, Douglas, AZ, 85607 uses $46,410 cash to close to unlock $3,560/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $685/mo payment keeps the spread at $297/mo. Purchase price stands at $140,000, and rental yield measures 9.63% with $1,124/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 143.63% and total cumulative return in cash records $66,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85607, Douglas, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,010 (100%) |
| Owner Occupied HU | 4,007 (57.2%) |
| Renter Occupied HU | 2,074 (29.6%) |
| Vacant Housing Units | 929 (13.3%) |
| Median Home Value | $152,282 |
| Average Home Value | $178,999 |
Housing Distribution
Address Breakdown
Residential
6,201
Single Family
5,909
Multi-Family
292
Businesses
440
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