7117 S Oleander LnHerefordAZ85615
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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 Hereford at 7117 S Oleander Ln, Hereford, AZ, 85615 generates $2,610/mo in rent, after a $2,440/mo payment. Total monthly income is $2,610/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.28% on a $498,480 entry. Equity gained on principal adds $3,217/yr, while 5% annual appreciation builds toward $137,721 over five years. Five-year ROI reaches 89.38% and total cumulative return in cash sums $147,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,610/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
3.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85615, Hereford, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,506 (100%) |
| Owner Occupied HU | 3,638 (80.7%) |
| Renter Occupied HU | 390 ( 8.7%) |
| Vacant Housing Units | 478 (10.6%) |
| Median Home Value | $321,250 |
| Average Home Value | $359,586 |
Housing Distribution
Address Breakdown
Residential
4,142
Single Family
4,142
Multi-Family
0
Businesses
127
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