3423 McCormick Blvd APT 204Bullhead CityAZ86429
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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 Bullhead City at 3423 McCormick Blvd APT 204, Bullhead City, AZ, 86429 earns $215/mo cash flow from $1,012/mo rent with a $660/mo payment. Total monthly income totals $1,012/mo, and annual cash flow totals $2,578/yr on $44,719 capital. ROI tracks 25.67% on current figures, and rental yield reads 9% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $59,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,012/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86429, Bullhead City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,605 (100%) |
| Owner Occupied HU | 2,683 (47.9%) |
| Renter Occupied HU | 1,396 (24.9%) |
| Vacant Housing Units | 1,526 (27.2%) |
| Median Home Value | $367,627 |
| Average Home Value | $417,208 |
Housing Distribution
Address Breakdown
Residential
4,570
Single Family
3,755
Multi-Family
815
Businesses
132
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Listed by: Kelsey DeVine • Country Ranch Realty
Mls Name: WARDEX
Mls ID: #035192