3070 Smokey RdPrescottAZ86301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3070 Smokey Rd, Prescott, AZ, 86301 in Prescott hard to pass up. The 10.29% gross yield on a $315,000 purchase results in $2,700/mo in rent and $602/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.91). Annual cash flow of $7,224, five-year appreciation of $87,029, and $2,901/yr in equity build-up combine for a projected total cumulative return of $158,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.2% |
| Monthly Cash Flow | $602 | $1,250 |
City averages based on Prescott market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $1,973 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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