2603 E Lockett RdFlagstaffAZ86004
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 Flagstaff at 2603 E Lockett Rd, Flagstaff, AZ, 86004 at $519,000 posts ROI 25.74% with $808/mo cash flow from $3,876/mo rent. Total monthly income equals $3,876/mo, and annual cash flow records $9,700/yr on $170,751 to close. Return on cash invested measures 25.74% and rental yield reads 8.96% at the current $519,000. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 by year five. Five-year ROI prints 133.73% and total cumulative return in cash totals $228,345.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,876/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86004, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,163 (100%) |
| Owner Occupied HU | 9,925 (57.8%) |
| Renter Occupied HU | 5,010 (29.2%) |
| Vacant Housing Units | 2,228 (13.0%) |
| Median Home Value | $575,615 |
| Average Home Value | $605,744 |
Housing Distribution
Address Breakdown
Residential
15,711
Single Family
13,255
Multi-Family
2,456
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Mahoney • HomeSmart
Mls Name: NAZMLS
Mls Provider:
Mls ID: #200478
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.