424 S Meyer AveTucsonAZ85701
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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
Investment property for sale in Tucson at 424 S Meyer Ave, Tucson, AZ, 85701 with 5% annual appreciation on a $735,000 basis while $3,131/mo rent supports operations. 37% in year one. Equity gained on principal adds $4,743/yr, and five-year appreciation sums $203,067 alongside rental yield of 5.11%. Five-year ROI measures 67.64% and total cumulative return in cash totals $163,560. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,131/mo property income versus a $3,597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
2,613 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85701, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,918 (100%) |
| Owner Occupied HU | 880 (22.5%) |
| Renter Occupied HU | 2,539 (64.8%) |
| Vacant Housing Units | 499 (12.7%) |
| Median Home Value | $456,114 |
| Average Home Value | $509,274 |
Housing Distribution
Address Breakdown
Residential
3,052
Single Family
2,103
Multi-Family
949
Businesses
600
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Listed by: Nick Labriola • Tierra Antigua Realty
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22517307
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