69800 Salome RdSalomeAZ85348
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
Investment Highlights
Rental property for sale in Salome at 69800 Salome Rd, Salome, AZ, 85348 generates $1,844/mo in rent and, after a $1,297/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,844/mo, and annual cash flow is $3,331/yr on $87,848 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 8.35% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $107,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
13.25 Acres 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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Nearby investment properties with comparable prices
Listed by: Jim Tweedley • Century 21 Toma Partners
Mls Name: ARMLS
Mls Provider:
Mls ID: #6793228
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