351 N Meridian Dr #122Apache JunctionAZ85120
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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 Apache Junction at 351 N Meridian Dr #122, Apache Junction, AZ, 85120 listed at $129,000 pairs $1,007/mo rent with a $631/mo payment to leave $245/mo cash flow. Total monthly income runs $1,007/mo, and annual cash flow reaches $2,938/yr on $42,764 cash to close. Return on cash invested measures 26.78% in year one, and rental yield registers 9.37% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 139.33% and total cumulative return in cash totals $59,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,007/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
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Listed by: Jennifer Blankenship, PLLC • Keller Williams Legacy One
Mls Name: ARMLS
Mls Provider:
Mls ID: #6747397
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010