8702 E Clinton LnHerefordAZ85615
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
Rental property for sale in Hereford at 8702 E Clinton Ln, Hereford, AZ, 85615 priced at $125,000 pairs $996/mo rent with $257/mo cash flow after a $612/mo payment. Total monthly income equals $996/mo, and annual cash flow comes to $3,083/yr on $41,438 invested. Return on cash invested is 27.35% in year one, and rental yield stands at 9.56% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 142.38% and total cumulative return in cash reaches $58,997. For financing, Ziffy Mortgage’s DSCR program evaluates $996/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1972
4.03 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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Listed by: Mary Fulk • Keller Williams Southern AZ
Mls Name: ARMLS
Mls Provider:
Mls ID: #6671439
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010