3160 Cascades Dr UNIT 16GPrescottAZ86301
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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
Investment property for sale in Prescott at 3160 Cascades Dr UNIT 16G, Prescott, AZ, 86301 earns from $1,641/mo rent with a $1,328/mo payment. Total monthly income totals $1,641/mo. ROI tracks 18.47% on current figures, and rental yield reads 7.26% at a $271,300 purchase. Equity gained on principal adds $1,751/yr, and 5% annual appreciation supports $74,955 over five years. Five-year ROI reaches 95.5% and total cumulative return in cash sums $85,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,641/mo property income instead of your personal income.
Condo
Built in 1993
871 sqft lot
$N/A/sqft
$145 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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