302 W Oak Ave #7FlagstaffAZ86001
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 302 W Oak Ave #7, Flagstaff, AZ, 86001 in Flagstaff worth study. Rental yield 5.69%. The 5.69% gross yield is below cash-flow benchmarks at $635,000, but 5% annual appreciation, adding $175,439 over five years, frames this as a capital growth position. Rent of $3,010/mo partially offsets the $2,855/mo payment. Ziffy Mortgage finances appreciation-play properties (1.05 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $181,397.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.0% |
| Monthly Cash Flow | $(924) | $1,200 |
City averages based on Flagstaff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,010 |
| Total Monthly Debt Service | $3,681 |
| DSCR Ratio | 0.82x |
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.
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
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
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: #195786
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.