6940 E Cochise Rd UNIT 1012Paradise ValleyAZ85253
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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
Investment Highlights
Investment property for sale in Paradise Valley at 6940 E Cochise Rd UNIT 1012, Paradise Valley, AZ, 85253 listed at $525,000 pairs $2,791/mo rent with a $2,570/mo payment. Total monthly income runs $2,791/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 6.38% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 77.83% and total cumulative return in cash totals $134,433. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,791/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
846 sqft lot
$N/A/sqft
$397 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85253, Paradise Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,785 (100%) |
| Owner Occupied HU | 6,446 (73.4%) |
| Renter Occupied HU | 853 ( 9.7%) |
| Vacant Housing Units | 1,486 (16.9%) |
| Median Home Value | $1,611,239 |
| Average Home Value | $1,552,288 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
6,332
Multi-Family
1,597
Businesses
570
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Listed by: Tanner Riordan • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6944302
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.