6 N 3184th RdVernonAZ85940
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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
Rental property for sale in Vernon at 6 N 3184th Rd, Vernon, AZ, 85940 generates $2,929/mo in rent, after a $2,447/mo payment. Total monthly income is $2,929/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 7.03% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 101.13% and total cumulative return in cash sums $167,623. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,929/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
$106 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85940, Vernon, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 503 (65.2%) |
| Renter Occupied HU | 50 ( 6.5%) |
| Vacant Housing Units | 218 (28.3%) |
| Median Home Value | $247,353 |
| Average Home Value | $267,232 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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Listed by: Maegan Mills • SEI Real Estate Professionals
Mls Name: ARMLS
Mls Provider:
Mls ID: #6792640
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