302 W Oak Ave #5FlagstaffAZ86001
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 Flagstaff at 302 W Oak Ave #5, Flagstaff, AZ, 86001 generates $3,482/mo in rent, after a $2,961/mo payment. Total monthly income is $3,482/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 6.91% on a $605,000 entry. Equity gained on principal adds $3,904/yr, while 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 94.78% and total cumulative return in cash sums $188,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,482/mo property income rather than buyer’s personal income.
Condo
Built in 2024
871.20 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86001, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,498 (100%) |
| Owner Occupied HU | 5,718 (36.9%) |
| Renter Occupied HU | 7,610 (49.1%) |
| Vacant Housing Units | 2,170 (14.0%) |
| Median Home Value | $617,005 |
| Average Home Value | $643,322 |
Housing Distribution
Address Breakdown
Residential
15,233
Single Family
6,309
Multi-Family
8,924
Businesses
1,438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Belsanti • da Vinci Realty
Mls Name: NAZMLS
Mls Provider:
Mls ID: #198380
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.