847 N 2nd AveTucsonAZ85705
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 Tucson at 847 N 2nd Ave, Tucson, AZ, 85705 listed at $615,000 pairs $1,286/mo rent with a $3,010/mo payment. Total monthly income runs $1,286/mo. Return on cash invested measures 6.13% in year one, and rental yield registers 2.51% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 28.54% and total cumulative return in cash totals $57,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,286/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1937
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85705, Tucson, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,022 (100%) |
| Owner Occupied HU | 12,355 (41.2%) |
| Renter Occupied HU | 14,921 (49.7%) |
| Vacant Housing Units | 2,746 ( 9.1%) |
| Median Home Value | $167,879 |
| Average Home Value | $243,347 |
Housing Distribution
Address Breakdown
Residential
25,203
Single Family
20,778
Multi-Family
4,425
Businesses
2,392
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Listed by: Shirley M Rupp • Tierra Antigua Realty
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22524389
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