28 Spanish Bay Dr NMohave ValleyAZ86440
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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 Mohave Valley at 28 Spanish Bay Dr N, Mohave Valley, AZ, 86440 generates $2,482/mo in rent and, after a $1,835/mo payment, leaves $206/mo in cash flow. Total monthly income is $2,482/mo, and annual cash flow is $2,470/yr on $124,279 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 7.94% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 113.34% and total cumulative return in cash sums $140,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,482/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
7,405 sqft lot
$N/A/sqft
$180 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86440, Mohave Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 2,673 (51.3%) |
| Renter Occupied HU | 646 (12.4%) |
| Vacant Housing Units | 1,893 (36.3%) |
| Median Home Value | $293,941 |
| Average Home Value | $405,615 |
Housing Distribution
Address Breakdown
Residential
4,018
Single Family
3,959
Multi-Family
59
Businesses
96
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Listed by: Josh Vissers • Premier Executives Real Estate
Mls Name: WARDEX
Mls Provider:
Mls ID: #026938
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.