514 N Washington AvePrescottAZ86301
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 Prescott at 514 N Washington Ave, Prescott, AZ, 86301 priced at $229,000 converts $1,967/mo rent into $559/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,967/mo, and annual cash flow totals $6,710/yr on $75,914 invested. Return on cash invested prints 28.75% in year one, and rental yield reads 10.31% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 150.24% and total cumulative return in cash sums $114,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,967/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86301, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,198 (100%) |
| Owner Occupied HU | 9,261 (60.9%) |
| Renter Occupied HU | 3,892 (25.6%) |
| Vacant Housing Units | 2,045 (13.5%) |
| Median Home Value | $563,521 |
| Average Home Value | $599,411 |
Housing Distribution
Address Breakdown
Residential
13,616
Single Family
9,599
Multi-Family
4,017
Businesses
1,437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley L Baker • Better Homes And Gardens Real Estate Bloomtree Realty
Mls Name: PAAR
Mls Provider:
Mls ID: #1074340
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.