2621 S Karlson DrCornvilleAZ86325
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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 Cornville at 2621 S Karlson Dr, Cornville, AZ, 86325 offers a 7.65% rental yield on a $278,000 purchase with $1,772/mo rent. Total monthly income registers $1,772/mo, and a $1,361/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,540/yr on $92,157 to close, and return on cash invested stands at 21.58% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 111.47% and total cumulative return in cash at $102,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,772/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86325, Cornville, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,966 (100%) |
| Owner Occupied HU | 2,188 (73.8%) |
| Renter Occupied HU | 408 (13.8%) |
| Vacant Housing Units | 370 (12.5%) |
| Median Home Value | $493,750 |
| Average Home Value | $563,267 |
Housing Distribution
Address Breakdown
Residential
2,174
Single Family
1,526
Multi-Family
648
Businesses
95
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Listed by: Lyle Oberg • Coldwell Banker Northland
Mls Name: SVVAR
Mls Provider:
Mls ID: #537934
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.