602 E Gila LnPaysonAZ85541
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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 Payson at 602 E Gila Ln, Payson, AZ, 85541 priced at $299,000 pairs $2,010/mo rent with $243/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,010/mo, and annual cash flow comes to $2,916/yr on $99,119 invested. Return on cash invested is 22.85% in year one, and rental yield stands at 8.07% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 118.3% and total cumulative return in cash reaches $117,262. For financing, Ziffy Mortgage’s DSCR program evaluates $2,010/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1985
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85541, Payson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,383 (100%) |
| Owner Occupied HU | 8,772 (57.0%) |
| Renter Occupied HU | 2,248 (14.6%) |
| Vacant Housing Units | 4,363 (28.4%) |
| Median Home Value | $369,227 |
| Average Home Value | $436,460 |
Housing Distribution
Address Breakdown
Residential
12,773
Single Family
11,913
Multi-Family
860
Businesses
658
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Listed by: Marty Carpenter • ERA YOUNG REALTY-PAYSON
Mls Name: CAAR
Mls Provider:
Mls ID: #91227
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.