3830 E 3rd StTucsonAZ85716
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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 Tucson at 3830 E 3rd St, Tucson, AZ, 85716 generates $2,438/mo in rent and, after a $1,684/mo payment, leaves $404/mo in cash flow. Total monthly income is $2,438/mo, and annual cash flow is $4,851/yr on $114,036 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 8.5% on a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash sums $142,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.
Condo
Built in 2014
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85716, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,875 (100%) |
| Owner Occupied HU | 7,109 (37.7%) |
| Renter Occupied HU | 10,050 (53.2%) |
| Vacant Housing Units | 1,716 ( 9.1%) |
| Median Home Value | $392,699 |
| Average Home Value | $434,006 |
Housing Distribution
Address Breakdown
Residential
16,364
Single Family
14,471
Multi-Family
1,893
Businesses
911
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