317 Peretz CirMorristownAZ85342
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
Investment property for sale in Morristown at 317 Peretz Cir, Morristown, AZ, 85342 at $244,900 posts ROI 22.97% with $207/mo cash flow from $1,655/mo rent. Total monthly income equals $1,655/mo, and annual cash flow records $2,484/yr on $81,184 to close. Return on cash invested measures 22.97% and rental yield reads 8.11% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 118.95% and total cumulative return in cash totals $96,569.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,655/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
6,444 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85342, Morristown, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 626 (62.9%) |
| Renter Occupied HU | 117 (11.8%) |
| Vacant Housing Units | 252 (25.3%) |
| Median Home Value | $478,261 |
| Average Home Value | $485,056 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
315
Multi-Family
370
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Thomas M Barlow • Tinzie Realty
Mls Name: ARMLS
Mls ID: #6967650