309 S Mount Vernon AvePrescottAZ86303
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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 309 S Mount Vernon Ave, Prescott, AZ, 86303 priced at $1,250,000 converts $4,208/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,208/mo. Return on cash invested prints 10.95% in year one, and rental yield reads 4.04% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 54.31% and total cumulative return in cash sums $219,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,208/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1919
7,482 sqft lot
$N/A/sqft
No 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
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