340 W La Mina AveAjoAZ85321
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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 Ajo at 340 W La Mina Ave, Ajo, AZ, 85321 earns $513/mo cash flow from $1,665/mo rent with a $954/mo payment. Total monthly income totals $1,665/mo, and annual cash flow totals $6,153/yr on $64,643 capital. ROI tracks 29.43% on current figures, and rental yield reads 10.25% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 153.54% and total cumulative return in cash sums $99,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,665/mo property income instead of your personal income.
Single Family
Built in 1919
6,739 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85321, Ajo, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,144 (52.1%) |
| Renter Occupied HU | 429 (19.5%) |
| Vacant Housing Units | 623 (28.4%) |
| Median Home Value | $129,237 |
| Average Home Value | $347,102 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,743
Multi-Family
221
Businesses
125
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