32010 N Redding StWittmannAZ85361
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 Wittmann at 32010 N Redding St, Wittmann, AZ, 85361 generates $2,737/mo in rent and, after a $1,561/mo payment, leaves $852/mo in cash flow. Total monthly income is $2,737/mo, and annual cash flow is $10,221/yr on $105,715 invested. Return on cash invested sits at 29.58% in year one, and rental yield is 10.3% on a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,106 over five years. Five-year ROI reaches 154.34% and total cumulative return in cash sums $163,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85361, Wittmann, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,261 (100%) |
| Owner Occupied HU | 2,613 (80.1%) |
| Renter Occupied HU | 265 ( 8.1%) |
| Vacant Housing Units | 383 (11.7%) |
| Median Home Value | $531,327 |
| Average Home Value | $549,075 |
Housing Distribution
Address Breakdown
Residential
3,245
Single Family
3,245
Multi-Family
0
Businesses
70
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Listed by: Luis A Chaparro Salazar • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6787430
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