2844 Park Cir #36APinetopAZ85935
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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 Pinetop at 2844 Park Cir #36A, Pinetop, AZ, 85935 offers a 9.9% rental yield on a $249,850 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,223/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,020/yr on $82,825 to close, and return on cash invested stands at 28.38% in year one. Equity gained on principal adds $1,612/yr while 5% annual appreciation supports $69,029 over five years. Portfolio math shows five-year ROI at 147.91% and total cumulative return in cash at $122,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85935, Pinetop, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,328 (100%) |
| Owner Occupied HU | 1,403 (26.3%) |
| Renter Occupied HU | 373 ( 7.0%) |
| Vacant Housing Units | 3,552 (66.7%) |
| Median Home Value | $432,586 |
| Average Home Value | $483,642 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,611
Multi-Family
55
Businesses
237
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