306 Topeka StKingmanAZ86401
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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 Kingman at 306 Topeka St, Kingman, AZ, 86401 uses $82,842 cash to close to unlock $119/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $1,223/mo payment keeps the spread at $10/mo. Purchase price stands at $249,900, and rental yield measures 7.14% with $1,487/mo rent. Return on cash invested shows 20.05% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 103.24% and total cumulative return in cash records $85,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Multi Family
Built in 1966
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86401, Kingman, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,001 (100%) |
| Owner Occupied HU | 9,628 (68.8%) |
| Renter Occupied HU | 3,118 (22.3%) |
| Vacant Housing Units | 1,255 ( 9.0%) |
| Median Home Value | $301,790 |
| Average Home Value | $356,616 |
Housing Distribution
Address Breakdown
Residential
12,635
Single Family
9,196
Multi-Family
3,439
Businesses
759
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Listed by: Brandon Turner • Turner Hill Properties
Mls Name: WARDEX
Mls Provider:
Mls ID: #020596
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.