6940 E Cochise Rd UNIT 1016Paradise ValleyAZ85253
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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 Paradise Valley at 6940 E Cochise Rd UNIT 1016, Paradise Valley, AZ, 85253 uses $210,560 cash to close to unlock $26,608/yr annual cash flow and $2,217/mo monthly cash flow. Total monthly income runs $6,000/mo, and a $3,132/mo payment keeps the spread at $2,217/mo. Purchase price stands at $640,000, and rental yield measures 11.25% with $6,000/mo rent. Return on cash invested shows 32.7% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 171.02% and total cumulative return in cash records $360,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,000/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
844 sqft lot
$N/A/sqft
No 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: Noily M Ehlenberger • American Realty Brokers
Mls Name: ARMLS
Mls ID: #6948258