309 Rim Rock CirPrescottAZ86303
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
Investment Highlights
Rental property for sale in Prescott at 309 Rim Rock Cir, Prescott, AZ, 86303 generates $1,946/mo in rent, after a $1,835/mo payment. Total monthly income is $1,946/mo. Return on cash invested sits at 15.12% in year one, and rental yield is 6.23% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 77.58% and total cumulative return in cash sums $96,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
1,742 sqft lot
$N/A/sqft
$226 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86303, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,455 (100%) |
| Owner Occupied HU | 7,106 (57.1%) |
| Renter Occupied HU | 2,609 (20.9%) |
| Vacant Housing Units | 2,740 (22.0%) |
| Median Home Value | $592,994 |
| Average Home Value | $629,955 |
Housing Distribution
Address Breakdown
Residential
10,760
Single Family
9,300
Multi-Family
1,460
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Keller • Realty Executives Arizona Territory
Mls Name: PAAR
Mls Provider:
Mls ID: #1069569
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.