704 S Meadow StPaysonAZ85541
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 Payson at 704 S Meadow St, Payson, AZ, 85541 priced at $349,000 converts $3,420/mo rent into $1,357/mo cash flow after a $1,708/mo obligation. Total monthly income equals $3,420/mo, and annual cash flow totals $16,286/yr on $115,694 invested. Return on cash invested prints 33.99% in year one, and rental yield reads 11.76% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 178.01% and total cumulative return in cash sums $205,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1982
10,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85541, Payson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,383 (100%) |
| Owner Occupied HU | 8,772 (57.0%) |
| Renter Occupied HU | 2,248 (14.6%) |
| Vacant Housing Units | 4,363 (28.4%) |
| Median Home Value | $369,227 |
| Average Home Value | $436,460 |
Housing Distribution
Address Breakdown
Residential
12,773
Single Family
11,913
Multi-Family
860
Businesses
658
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Listed by: Geoffrey Adams • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6886790
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