3215 Clearwater DrPrescottAZ86305
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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 3215 Clearwater Dr, Prescott, AZ, 86305 offers $4,291/mo rent that, after a $5,384/mo payment. Total monthly income is $4,291/mo. Return on cash invested measures 12.79% in year one, and rental yield stands at 4.68% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 64.24% and total cumulative return in cash reaches $228,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,291/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.99 Acres lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86305, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,031 (100%) |
| Owner Occupied HU | 8,687 (72.2%) |
| Renter Occupied HU | 1,713 (14.2%) |
| Vacant Housing Units | 1,631 (13.6%) |
| Median Home Value | $701,036 |
| Average Home Value | $756,184 |
Housing Distribution
Address Breakdown
Residential
11,218
Single Family
8,589
Multi-Family
2,629
Businesses
511
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Listed by: Geoffrey R Hyland PLLC • eXp Realty
Mls Name: PAAR
Mls Provider:
Mls ID: #1068905
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.