664 N Mercedes StNogalesAZ85621
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 664 N Mercedes St, Nogales, AZ, 85621 in Nogales hard to pass up. The 10.38% gross yield on a $230,000 purchase results in $1,990/mo in rent and $630/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.92). Annual cash flow of $7,560, five-year appreciation of $63,545, and $2,118/yr in equity build-up combine for a projected total cumulative return of $127,570.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $630 | $1,200 |
City averages based on Nogales market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,990 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85621, Nogales, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,765 (100%) |
| Owner Occupied HU | 4,418 (50.4%) |
| Renter Occupied HU | 3,633 (41.4%) |
| Vacant Housing Units | 714 ( 8.1%) |
| Median Home Value | $206,911 |
| Average Home Value | $269,000 |
Housing Distribution
Address Breakdown
Residential
7,510
Single Family
7,194
Multi-Family
316
Businesses
1,061
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
Single Family
Built in 1974
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85621, Nogales, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,765 (100%) |
| Owner Occupied HU | 4,418 (50.4%) |
| Renter Occupied HU | 3,633 (41.4%) |
| Vacant Housing Units | 714 ( 8.1%) |
| Median Home Value | $206,911 |
| Average Home Value | $269,000 |
Housing Distribution
Address Breakdown
Residential
7,510
Single Family
7,194
Multi-Family
316
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices