824 W Aspen AveFlagstaffAZ86001
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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 Flagstaff at 824 W Aspen Ave, Flagstaff, AZ, 86001 priced at $724,900 converts $2,184/mo rent into after a $3,548/mo obligation. Total monthly income equals $2,184/mo. Return on cash invested prints 9.49% in year one, and rental yield reads 3.62% against a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,277 by year five. Five-year ROI reaches 46.58% and total cumulative return in cash sums $111,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,184/mo property income covering a $3,548/mo payment, not borrower’s personal income.
Single Family
Built in 1952
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86001, Flagstaff, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,498 (100%) |
| Owner Occupied HU | 5,718 (36.9%) |
| Renter Occupied HU | 7,610 (49.1%) |
| Vacant Housing Units | 2,170 (14.0%) |
| Median Home Value | $617,005 |
| Average Home Value | $643,322 |
Housing Distribution
Address Breakdown
Residential
15,233
Single Family
6,309
Multi-Family
8,924
Businesses
1,438
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Listed by: Eileen Taggart • RE/MAX Fine Properties
Mls Name: NAZMLS
Mls Provider:
Mls ID: #201831
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.