6640 Mormon Lake RdMormon LakeAZ86038
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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 Mormon Lake at 6640 Mormon Lake Rd, Mormon Lake, AZ, 86038 earns $317/mo cash flow from $1,263/mo rent with a $783/mo payment. Total monthly income totals $1,263/mo, and annual cash flow totals $3,808/yr on $53,040 capital. ROI tracks 27.09% on current figures, and rental yield reads 9.47% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 141.02% and total cumulative return in cash sums $74,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,263/mo property income instead of your personal income.
Single Family
Built in 1948
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86038, Mormon Lake, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 34 (10.9%) |
| Renter Occupied HU | 13 ( 4.2%) |
| Vacant Housing Units | 264 (84.9%) |
| Median Home Value | $645,833 |
| Average Home Value | $576,471 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
9
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Listed by: Adam Hamblen • Realty One Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6833384
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010