701 W Solana AveAjoAZ85321
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
Investment property for sale in Ajo at 701 W Solana Ave, Ajo, AZ, 85321 offers a 9.55% rental yield on a $129,500 purchase with $1,031/mo rent. Total monthly income registers $1,031/mo, and a $634/mo payment leaves $265/mo available for distribution. Annual cash flow reaches $3,184/yr on $42,929 to close, and return on cash invested stands at 27.33% in year one. Equity gained on principal adds $836/yr while 5% annual appreciation supports $35,778 over five years. Portfolio math shows five-year ROI at 142.31% and total cumulative return in cash at $61,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,031/mo property income against a $634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
6,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85321, Ajo, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,144 (52.1%) |
| Renter Occupied HU | 429 (19.5%) |
| Vacant Housing Units | 623 (28.4%) |
| Median Home Value | $129,237 |
| Average Home Value | $347,102 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,743
Multi-Family
221
Businesses
125
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Listed by: Lindsey Leon • Keller Williams Realty Elite
Mls Name: ARMLS
Mls Provider:
Mls ID: #6787580
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