365 N Richard StColorado CityAZ86021
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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
Rental property for sale in Colorado City at 365 N Richard St, Colorado City, AZ, 86021 generates $4,526/mo in rent and, after a $3,573/mo payment, leaves $211/mo in cash flow. Total monthly income is $4,526/mo, and annual cash flow is $2,530/yr on $240,170 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 7.44% on a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,686 over five years. Five-year ROI reaches 108.89% and total cumulative return in cash sums $261,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,526/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86021, Colorado City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 641 (53.7%) |
| Renter Occupied HU | 383 (32.1%) |
| Vacant Housing Units | 170 (14.2%) |
| Median Home Value | $217,991 |
| Average Home Value | $277,555 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
258
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Listed by: Thirkle Nielsen • eXp Realty
Mls Name: Fredonia AOR
Mls ID: #1501040