761 Richard StClarkdaleAZ86324
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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 Clarkdale at 761 Richard St, Clarkdale, AZ, 86324 generates $2,593/mo in rent and, after a $1,957/mo payment, leaves $229/mo in cash flow. Total monthly income is $2,593/mo, and annual cash flow is $2,753/yr on $132,567 invested. Return on cash invested sits at 21.99% in year one, and rental yield is 7.78% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 113.64% and total cumulative return in cash sums $150,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,593/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86324, Clarkdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,288 (75.9%) |
| Renter Occupied HU | 480 (15.9%) |
| Vacant Housing Units | 248 ( 8.2%) |
| Median Home Value | $409,322 |
| Average Home Value | $460,696 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
2,017
Multi-Family
8
Businesses
101
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Listed by: Timothy Toth • Coldwell Banker Northland
Mls Name: SVVAR
Mls Provider:
Mls ID: #538822
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.