490 S 9th StGlobeAZ85501
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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
Investment property for sale in Globe at 490 S 9th St, Globe, AZ, 85501 listed at $365,000 pairs $2,348/mo rent with a $1,786/mo payment to leave $191/mo cash flow. Total monthly income runs $2,348/mo, and annual cash flow reaches $2,291/yr on $120,998 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 7.72% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 112.61% and total cumulative return in cash totals $136,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,348/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85501, Globe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 3,735 (62.3%) |
| Renter Occupied HU | 1,285 (21.4%) |
| Vacant Housing Units | 972 (16.2%) |
| Median Home Value | $188,834 |
| Average Home Value | $230,350 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
4,250
Multi-Family
137
Businesses
300
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Listed by: Rustin Shinn • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6888305
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010