703 S Rainbow Ridge DrCornvilleAZ86325
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 Cornville at 703 S Rainbow Ridge Dr, Cornville, AZ, 86325 at $425,000 posts ROI 21.29% with $162/mo cash flow from $2,794/mo rent. Total monthly income equals $2,794/mo, and annual cash flow records $1,943/yr on $140,888 to close. Return on cash invested measures 21.29% and rental yield reads 7.89% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 110.24% and total cumulative return in cash totals $155,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86325, Cornville, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,966 (100%) |
| Owner Occupied HU | 2,188 (73.8%) |
| Renter Occupied HU | 408 (13.8%) |
| Vacant Housing Units | 370 (12.5%) |
| Median Home Value | $493,750 |
| Average Home Value | $563,267 |
Housing Distribution
Address Breakdown
Residential
2,174
Single Family
1,526
Multi-Family
648
Businesses
95
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Listed by: Erica Woolsey • Coldwell Banker Realty
Mls Name: SVVAR
Mls Provider:
Mls ID: #539032
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.