6162 E 16th StTucsonAZ85711
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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 Tucson at 6162 E 16th St, Tucson, AZ, 85711 uses $107,738 cash to close to unlock $799/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,591/mo payment keeps the spread at $67/mo. Purchase price stands at $325,000, and rental yield measures 7.34% with $1,988/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 106.47% and total cumulative return in cash records $114,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85711, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,021 (100%) |
| Owner Occupied HU | 9,656 (48.2%) |
| Renter Occupied HU | 8,996 (44.9%) |
| Vacant Housing Units | 1,369 ( 6.8%) |
| Median Home Value | $323,783 |
| Average Home Value | $354,162 |
Housing Distribution
Address Breakdown
Residential
18,826
Single Family
14,406
Multi-Family
4,420
Businesses
1,530
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