640 Lester DrPrescottAZ86301
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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 Prescott at 640 Lester Dr, Prescott, AZ, 86301 earns $1,309/mo cash flow from $4,205/mo rent with a $2,398/mo payment. Total monthly income totals $4,205/mo, and annual cash flow totals $15,706/yr on $162,435 capital. ROI tracks 29.58% on current figures, and rental yield reads 10.3% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 154.32% and total cumulative return in cash sums $250,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,205/mo property income instead of your personal income.
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86301, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,198 (100%) |
| Owner Occupied HU | 9,261 (60.9%) |
| Renter Occupied HU | 3,892 (25.6%) |
| Vacant Housing Units | 2,045 (13.5%) |
| Median Home Value | $563,521 |
| Average Home Value | $599,411 |
Housing Distribution
Address Breakdown
Residential
13,616
Single Family
9,599
Multi-Family
4,017
Businesses
1,437
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Listed by: Lee Giblin • Code of the West Realty
Mls Name: SVVAR
Mls Provider:
Mls ID: #536455
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.