372 E Joshua StSomertonAZ85350
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 Somerton at 372 E Joshua St, Somerton, AZ, 85350 priced at $265,000 pairs $1,786/mo rent with $220/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,786/mo, and annual cash flow comes to $2,635/yr on $87,848 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 8.09% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 118.57% and total cumulative return in cash reaches $104,163. For financing, Ziffy Mortgage’s DSCR program evaluates $1,786/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85350, Somerton, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,750 (100%) |
| Owner Occupied HU | 5,977 (77.1%) |
| Renter Occupied HU | 1,300 (16.8%) |
| Vacant Housing Units | 473 ( 6.1%) |
| Median Home Value | $270,532 |
| Average Home Value | $276,896 |
Housing Distribution
Address Breakdown
Residential
1,957
Single Family
1,889
Multi-Family
68
Businesses
189
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Listed by: Miguel F Fuentes • The Realty Agency
Mls Name: YARMLS
Mls Provider:
Mls ID: #20252067
Disclaimer: This data is provided by the Yuma Association of REALTORS, Inc. Multiple Listing Service. Real Estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity(SM) logo or the Broker Reciprocity thumbnail logo. This information is deemed reliable, but not guaranteed.