615 West St #11PrescottAZ86305
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 Prescott at 615 West St #11, Prescott, AZ, 86305 offers a 9.04% rental yield on a $125,000 purchase with $942/mo rent. Total monthly income registers $942/mo, and a $612/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,435/yr on $41,438 to close, and return on cash invested stands at 25.79% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 133.98% and total cumulative return in cash at $55,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $942/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86305, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,031 (100%) |
| Owner Occupied HU | 8,687 (72.2%) |
| Renter Occupied HU | 1,713 (14.2%) |
| Vacant Housing Units | 1,631 (13.6%) |
| Median Home Value | $701,036 |
| Average Home Value | $756,184 |
Housing Distribution
Address Breakdown
Residential
11,218
Single Family
8,589
Multi-Family
2,629
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Sands • Sands Realty
Mls Name: PAAR
Mls Provider:
Mls ID: #1073607
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.