707 S East StGlobeAZ85501
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 Globe at 707 S East St, Globe, AZ, 85501 at $580,000 posts ROI 2.88% with from $697/mo rent. Total monthly income equals $697/mo. Return on cash invested measures 2.88% and rental yield reads 1.44% at the current $580,000. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 by year five. Five-year ROI prints 11.15% and total cumulative return in cash totals $21,273. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85501, Globe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 3,735 (62.3%) |
| Renter Occupied HU | 1,285 (21.4%) |
| Vacant Housing Units | 972 (16.2%) |
| Median Home Value | $188,834 |
| Average Home Value | $230,350 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
4,250
Multi-Family
137
Businesses
300
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Nearby investment properties with comparable prices
Listed by: Neil Blindauer • DeLex Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6858396
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