345 N Old Mill RdTonto BasinAZ85553
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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 Tonto Basin at 345 N Old Mill Rd, Tonto Basin, AZ, 85553 offers a 7.22% rental yield on a $359,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,757/mo payment leaves $38/mo available for distribution. Annual cash flow reaches $456/yr on $119,009 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 104.58% and total cumulative return in cash at $124,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85553, Tonto Basin, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 759 (58.1%) |
| Renter Occupied HU | 86 ( 6.6%) |
| Vacant Housing Units | 462 (35.3%) |
| Median Home Value | $228,963 |
| Average Home Value | $267,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: Chioya Lynn Grantham • EWING LAND & CATTLE CO.
Mls Name: CAAR
Mls ID: #93200