66929 Monroe StSalomeAZ85348
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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 Salome at 66929 Monroe St, Salome, AZ, 85348 listed at $260,000 pairs $1,939/mo rent with a $1,273/mo payment to leave $402/mo cash flow. Total monthly income runs $1,939/mo, and annual cash flow reaches $4,820/yr on $86,190 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 8.95% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 132.48% and total cumulative return in cash totals $114,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,939/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85348, Salome, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,233 (100%) |
| Owner Occupied HU | 1,060 (47.5%) |
| Renter Occupied HU | 192 ( 8.6%) |
| Vacant Housing Units | 981 (43.9%) |
| Median Home Value | $106,909 |
| Average Home Value | $122,656 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
160
Multi-Family
80
Businesses
87
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