25712 W Steinbeck DrMorristownAZ85342
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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 Morristown at 25712 W Steinbeck Dr, Morristown, AZ, 85342 listed at $299,500 pairs $2,089/mo rent with a $1,466/mo payment to leave $319/mo cash flow. Total monthly income runs $2,089/mo, and annual cash flow reaches $3,822/yr on $99,284 cash to close. Return on cash invested measures 23.76% in year one, and rental yield registers 8.37% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 123.14% and total cumulative return in cash totals $122,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,089/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85342, Morristown, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 626 (62.9%) |
| Renter Occupied HU | 117 (11.8%) |
| Vacant Housing Units | 252 (25.3%) |
| Median Home Value | $478,261 |
| Average Home Value | $485,056 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
315
Multi-Family
370
Businesses
33
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Listed by: Amber Tuttle • Realty ONE Group
Mls Name: ARMLS
Mls ID: #6901108