2900 N Saddleback Way Unit 58FlagstaffAZ86004
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2900 N Saddleback Way Unit 58, Flagstaff, AZ, 86004 in Flagstaff the bet is firmly on appreciation. Rental yield 3.47%. The 3.47% gross yield on a $780,000 price is below income-first thresholds, but 5%/yr value growth projects $215,500 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.64) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $143,248.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(2,744) | $1,200 |
City averages based on Flagstaff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,255 |
| Total Monthly Debt Service | $4,300 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1989
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86004, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,163 (100%) |
| Owner Occupied HU | 9,925 (57.8%) |
| Renter Occupied HU | 5,010 (29.2%) |
| Vacant Housing Units | 2,228 (13.0%) |
| Median Home Value | $575,615 |
| Average Home Value | $605,744 |
Housing Distribution
Address Breakdown
Residential
15,711
Single Family
13,255
Multi-Family
2,456
Businesses
1,057
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
Townhouse
Built in 1989
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86004, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,163 (100%) |
| Owner Occupied HU | 9,925 (57.8%) |
| Renter Occupied HU | 5,010 (29.2%) |
| Vacant Housing Units | 2,228 (13.0%) |
| Median Home Value | $575,615 |
| Average Home Value | $605,744 |
Housing Distribution
Address Breakdown
Residential
15,711
Single Family
13,255
Multi-Family
2,456
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices