304 Ohara AveBisbeeAZ85603
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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 Bisbee at 304 Ohara Ave, Bisbee, AZ, 85603 uses $46,410 cash to close to unlock $4,764/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $1,290/mo, and a $685/mo payment keeps the spread at $397/mo. Purchase price stands at $140,000, and rental yield measures 11.06% with $1,290/mo rent. Return on cash invested shows 30.17% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 158.11% and total cumulative return in cash records $73,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,290/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1906
2,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85603, Bisbee, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,900 (100%) |
| Owner Occupied HU | 2,363 (60.6%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 814 (20.9%) |
| Median Home Value | $230,096 |
| Average Home Value | $239,424 |
Housing Distribution
Address Breakdown
Residential
2,335
Single Family
2,309
Multi-Family
26
Businesses
300
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Listed by: Richard G. Schutt • Wrangler Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6841461
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010