3070 Smokey RdPrescottAZ86301
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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
Rental property for sale in Prescott at 3070 Smokey Rd, Prescott, AZ, 86301 priced at $315,000 converts $2,700/mo rent into $602/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $7,221/yr on $104,423 invested. Return on cash invested prints 26.82% in year one, and rental yield reads 10.29% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 140.55% and total cumulative return in cash sums $146,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1993
1,307 sqft lot
$N/A/sqft
$236 monthly 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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Listed by: Denise Warfield • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6850051
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