604 Hovland StBisbeeAZ85603
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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 Bisbee at 604 Hovland St, Bisbee, AZ, 85603 priced at $394,500 pairs $1,290/mo rent with after a $1,931/mo payment. Total monthly income equals $1,290/mo. Return on cash invested is 10.35% in year one, and rental yield stands at 3.92% on a $394,500 basis. Equity gained on principal adds $2,546/yr, and 5% annual appreciation accumulates to $108,993 by year five. Five-year ROI measures 51.19% and total cumulative return in cash reaches $66,941. For financing, Ziffy Mortgage’s DSCR program evaluates $1,290/mo property income against a $1,931/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
10,556 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85603, Bisbee, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,900 (100%) |
| Owner Occupied HU | 2,363 (60.6%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 814 (20.9%) |
| Median Home Value | $230,096 |
| Average Home Value | $239,424 |
Housing Distribution
Address Breakdown
Residential
2,335
Single Family
2,309
Multi-Family
26
Businesses
300
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