266 W Gompers CirMorristownAZ85342
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
Rental property for sale in Morristown at 266 W Gompers Cir, Morristown, AZ, 85342 offers $2,807/mo rent that, after a $1,689/mo payment, leaves $767/mo cash flow. Total monthly income is $2,807/mo, and annual cash flow is $9,207/yr on $114,368 cash. Return on cash invested measures 27.96% in year one, and rental yield stands at 9.76% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 145.67% and total cumulative return in cash reaches $166,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,807/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
10,042 sqft 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: Sammie Hone • Platinum Living Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6799228
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010