584 N Memorial AvePrescottAZ86303
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
Investment property for sale in Prescott at 584 N Memorial Ave, Prescott, AZ, 86303 offers a 7.51% rental yield on a $349,900 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $1,713/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,455/yr on $115,992 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 109.23% and total cumulative return in cash at $126,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1971
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86303, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,455 (100%) |
| Owner Occupied HU | 7,106 (57.1%) |
| Renter Occupied HU | 2,609 (20.9%) |
| Vacant Housing Units | 2,740 (22.0%) |
| Median Home Value | $592,994 |
| Average Home Value | $629,955 |
Housing Distribution
Address Breakdown
Residential
10,760
Single Family
9,300
Multi-Family
1,460
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael J Wiley • Link Brokerages
Mls Name: PAAR
Mls Provider:
Mls ID: #1064451
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.