2950 N Placita NuevaTucsonAZ85715
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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 Tucson at 2950 N Placita Nueva, Tucson, AZ, 85715 uses $107,738 cash to close to unlock $4,087/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $2,262/mo, and a $1,591/mo payment keeps the spread at $341/mo. Purchase price stands at $325,000, and rental yield measures 8.35% with $2,262/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash records $132,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,262/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85715, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,054 (100%) |
| Owner Occupied HU | 6,651 (60.2%) |
| Renter Occupied HU | 3,673 (33.2%) |
| Vacant Housing Units | 730 ( 6.6%) |
| Median Home Value | $371,921 |
| Average Home Value | $417,841 |
Housing Distribution
Address Breakdown
Residential
8,851
Single Family
7,490
Multi-Family
1,361
Businesses
575
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