502 Brandeis DrMorristownAZ85342
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 502 Brandeis Dr, Morristown, AZ, 85342 in Morristown deserves attention. This $304,900 property earns $3,000/mo in rent, a 11.81% gross yield, and nets $1,198/mo after the $1,371/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $84,238 compounds alongside $2,808/yr in yearly equity build, for a total cumulative return of $192,377.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $1,198 | $300 |
City averages based on Morristown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $1,681 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
7,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85342, Morristown, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 626 (62.9%) |
| Renter Occupied HU | 117 (11.8%) |
| Vacant Housing Units | 252 (25.3%) |
| Median Home Value | $478,261 |
| Average Home Value | $485,056 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
315
Multi-Family
370
Businesses
33
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
Single Family
Built in 2023
7,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85342, Morristown, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 626 (62.9%) |
| Renter Occupied HU | 117 (11.8%) |
| Vacant Housing Units | 252 (25.3%) |
| Median Home Value | $478,261 |
| Average Home Value | $485,056 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
315
Multi-Family
370
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Henderson • Realty ONE Group
Mls Name: ARMLS
Mls ID: #6944853