90 Ponderosa DrMormon LakeAZ86038
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 Mormon Lake at 90 Ponderosa Dr, Mormon Lake, AZ, 86038 offers $3,476/mo rent that, after a $2,668/mo payment, leaves $254/mo cash flow. Total monthly income is $3,476/mo, and annual cash flow is $3,047/yr on $179,305 cash. Return on cash invested measures 21.76% in year one, and rental yield stands at 7.65% at a $545,000 entry. Equity gained on principal adds $3,517/yr while 5% annual appreciation compounds into $150,573 by year five. Five-year ROI records 112.37% and total cumulative return in cash reaches $201,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,476/mo property income versus a $2,668/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86038, Mormon Lake, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 34 (10.9%) |
| Renter Occupied HU | 13 ( 4.2%) |
| Vacant Housing Units | 264 (84.9%) |
| Median Home Value | $645,833 |
| Average Home Value | $576,471 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
9
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Listed by: Jesse S Calvin • Realty One Group, Mountain Desert
Mls Name: NAZMLS
Mls Provider:
Mls ID: #200886
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.