603 N Granite DrPaysonAZ85541
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 Payson at 603 N Granite Dr, Payson, AZ, 85541 at $289,900 posts ROI 33.57% with $1,094/mo cash flow from $2,808/mo rent. Total monthly income equals $2,808/mo, and annual cash flow records $13,131/yr on $96,102 to close. Return on cash invested measures 33.57% and rental yield reads 11.62% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 175.77% and total cumulative return in cash totals $168,921.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
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: Marty Carpenter • ERA YOUNG REALTY-PAYSON
Mls Name: CAAR
Mls Provider:
Mls ID: #92053
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.