602 W Forest DrPaysonAZ85541
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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
Investment property for sale in Payson at 602 W Forest Dr, Payson, AZ, 85541 with 5% annual appreciation on a $452,000 basis while $3,000/mo rent supports operations. Total monthly income totals $3,000/mo and a $2,212/mo payment preserves $328/mo for cash returns. Annual cash flow comes to $3,942/yr on $149,838 deployed, and return on cash invested reaches 22.54% in year one. Equity gained on principal adds $2,917/yr, and five-year appreciation sums $124,879 alongside rental yield of 7.96%. Five-year ROI measures 116.6% and total cumulative return in cash totals $174,706.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $2,212/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
9,147 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: Clark S Jones • EXP Realty, LLC - PEORIA
Mls Name: CAAR
Mls Provider:
Mls ID: #91123
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.