316 S Hohokam LnTonto BasinAZ85553
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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 Tonto Basin at 316 S Hohokam Ln, Tonto Basin, AZ, 85553 offers $2,160/mo rent that, after a $1,321/mo payment, leaves $565/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $6,775/yr on $89,472 cash. Return on cash invested measures 27.48% in year one, and rental yield stands at 9.6% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 143.11% and total cumulative return in cash reaches $128,046. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85553, Tonto Basin, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 759 (58.1%) |
| Renter Occupied HU | 86 ( 6.6%) |
| Vacant Housing Units | 462 (35.3%) |
| Median Home Value | $228,963 |
| Average Home Value | $267,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: James Lanier • Lanier Real Estate, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6885824
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