653 W Patricia StSomertonAZ85350
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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 Somerton at 653 W Patricia St, Somerton, AZ, 85350 priced at $264,500 converts $1,806/mo rent into $242/mo cash flow after a $1,295/mo obligation. Total monthly income equals $1,806/mo, and annual cash flow totals $2,905/yr on $87,682 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 8.19% against a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation compiles into $73,076 by year five. Five-year ROI reaches 120.29% and total cumulative return in cash sums $105,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $1,295/mo payment, not borrower’s personal income.
Single Family
Built in 2015
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85350, Somerton, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,750 (100%) |
| Owner Occupied HU | 5,977 (77.1%) |
| Renter Occupied HU | 1,300 (16.8%) |
| Vacant Housing Units | 473 ( 6.1%) |
| Median Home Value | $270,532 |
| Average Home Value | $276,896 |
Housing Distribution
Address Breakdown
Residential
1,957
Single Family
1,889
Multi-Family
68
Businesses
189
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