3030 Cornell DrPrescottAZ86301
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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 Prescott at 3030 Cornell Dr, Prescott, AZ, 86301 uses $104,423 cash to close to unlock $7,521/yr annual cash flow and $627/mo monthly cash flow. Total monthly income runs $2,489/mo, and a $1,542/mo payment keeps the spread at $627/mo. Purchase price stands at $315,000, and rental yield measures 9.48% with $2,489/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 141.1% and total cumulative return in cash records $147,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,489/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86301, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,198 (100%) |
| Owner Occupied HU | 9,261 (60.9%) |
| Renter Occupied HU | 3,892 (25.6%) |
| Vacant Housing Units | 2,045 (13.5%) |
| Median Home Value | $563,521 |
| Average Home Value | $599,411 |
Housing Distribution
Address Breakdown
Residential
13,616
Single Family
9,599
Multi-Family
4,017
Businesses
1,437
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