260 S Highway 180SpringervilleAZ85938
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 260 S Highway 180, Springerville, AZ, 85938 in Springerville worth study. Rental yield 2.71%. The 2.71% gross yield is below cash-flow benchmarks at $975,000, but 5% annual appreciation, adding $269,375 over five years, frames this as a capital growth position. Rent of $2,206/mo partially offsets the $4,384/mo payment. Ziffy Mortgage finances appreciation-play properties (0.50 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $139,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 7.0% |
| Monthly Cash Flow | $(3,558) | $300 |
City averages based on Springerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,206 |
| Total Monthly Debt Service | $5,375 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
7.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85938, Springerville, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 765 (56.7%) |
| Renter Occupied HU | 217 (16.1%) |
| Vacant Housing Units | 367 (27.2%) |
| Median Home Value | $248,664 |
| Average Home Value | $288,745 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
453
Multi-Family
56
Businesses
158
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
Single Family
Built in 1939
7.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85938, Springerville, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 765 (56.7%) |
| Renter Occupied HU | 217 (16.1%) |
| Vacant Housing Units | 367 (27.2%) |
| Median Home Value | $248,664 |
| Average Home Value | $288,745 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
453
Multi-Family
56
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Reidhead • Elk Country Realty LLC
Mls Name: WMAOR
Mls Provider:
Mls ID: #239242
Disclaimer: Copyright 2025, Last Updated: 2025-01-30 01:20:05 PST, Listing data deemed reliable but not guaranteed.