815 Dameron DrPrescottAZ86301
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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 Prescott at 815 Dameron Dr, Prescott, AZ, 86301 priced at $395,000 converts $2,765/mo rent into $430/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,765/mo, and annual cash flow totals $5,165/yr on $130,943 invested. Return on cash invested prints 23.85% in year one, and rental yield reads 8.4% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 123.65% and total cumulative return in cash sums $161,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,765/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Manufactured
Built in 1981
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86301, Prescott, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,198 (100%) |
| Owner Occupied HU | 9,261 (60.9%) |
| Renter Occupied HU | 3,892 (25.6%) |
| Vacant Housing Units | 2,045 (13.5%) |
| Median Home Value | $563,521 |
| Average Home Value | $599,411 |
Housing Distribution
Address Breakdown
Residential
13,616
Single Family
9,599
Multi-Family
4,017
Businesses
1,437
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Listed by: Abigail Chartier • Prescott Commercial Real Estate
Mls Name: PAAR
Mls Provider:
Mls ID: #1068258
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.