350 E Cottonwood StGlobeAZ85501
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 Globe at 350 E Cottonwood St, Globe, AZ, 85501 priced at $215,000 converts $1,901/mo rent into $630/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,901/mo, and annual cash flow totals $7,565/yr on $71,273 invested. Return on cash invested prints 30.52% in year one, and rental yield reads 10.61% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 159.43% and total cumulative return in cash sums $113,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,901/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85501, Globe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 3,735 (62.3%) |
| Renter Occupied HU | 1,285 (21.4%) |
| Vacant Housing Units | 972 (16.2%) |
| Median Home Value | $188,834 |
| Average Home Value | $230,350 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
4,250
Multi-Family
137
Businesses
300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices