3696 N Miller St,Kingman,AZ,86409

Investment Highlights

Rental property for sale in Kingman at 3696 N Miller St, Kingman, AZ, 86409 priced at $248,000 converts $1,990/mo rent into $524/mo cash flow after a $1,214/mo obligation. Total monthly income equals $1,990/mo, and annual cash flow totals $6,286/yr on $82,212 invested. Return on cash invested prints 27.56% in year one, and rental yield reads 9.63% against a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation compiles into $68,518 by year five. Five-year ROI reaches 143.49% and total cumulative return in cash sums $117,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,990/mo property income covering a $1,214/mo payment, not borrower’s personal income.