263 Looking Glass DrPrescottAZ86303
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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
Rental property for sale in Prescott at 263 Looking Glass Dr, Prescott, AZ, 86303 offers $3,300/mo rent that, after a $3,541/mo payment. Total monthly income is $3,300/mo. Return on cash invested measures 15.01% in year one, and rental yield stands at 5.47% at a $723,450 entry. Equity gained on principal adds $4,668/yr while 5% annual appreciation compounds into $199,876 by year five. Five-year ROI records 76.22% and total cumulative return in cash reaches $181,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $3,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86303, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,455 (100%) |
| Owner Occupied HU | 7,106 (57.1%) |
| Renter Occupied HU | 2,609 (20.9%) |
| Vacant Housing Units | 2,740 (22.0%) |
| Median Home Value | $592,994 |
| Average Home Value | $629,955 |
Housing Distribution
Address Breakdown
Residential
10,760
Single Family
9,300
Multi-Family
1,460
Businesses
520
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Listed by: Luther R. Kraxberger • Realty ONE Group Mountain Desert
Mls Name: PAAR
Mls Provider:
Mls ID: #1075919
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.