61 Short LnConchoAZ85924
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
Rental property for sale in Concho at 61 Short Ln, Concho, AZ, 85924 offers $1,820/mo rent that, after a $979/mo payment, leaves $638/mo cash flow. Total monthly income is $1,820/mo, and annual cash flow is $7,652/yr on $66,300 cash. Return on cash invested measures 31.45% in year one, and rental yield stands at 10.92% at a $199,999 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 164.39% and total cumulative return in cash reaches $108,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,820/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85924, Concho, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,163 (57.2%) |
| Renter Occupied HU | 106 ( 5.2%) |
| Vacant Housing Units | 763 (37.5%) |
| Median Home Value | $207,597 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
919
Multi-Family
43
Businesses
28
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