948 Palisades DrClarkdaleAZ86324
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.87% gross rental yield, 948 Palisades Dr, Clarkdale, AZ, 86324 in Clarkdale is priced for capital growth, not immediate cash flow. The $839,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $231,800 by year five, with $7,727/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.09) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $262,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(854) | $300 |
City averages based on Clarkdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,105 |
| Total Monthly Debt Service | $4,626 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86324, Clarkdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,288 (75.9%) |
| Renter Occupied HU | 480 (15.9%) |
| Vacant Housing Units | 248 ( 8.2%) |
| Median Home Value | $409,322 |
| Average Home Value | $460,696 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
2,017
Multi-Family
8
Businesses
101
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
Single Family
Built in 2005
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86324, Clarkdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,288 (75.9%) |
| Renter Occupied HU | 480 (15.9%) |
| Vacant Housing Units | 248 ( 8.2%) |
| Median Home Value | $409,322 |
| Average Home Value | $460,696 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
2,017
Multi-Family
8
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Ware • Better Homes and Gardens Real Estate Bloomtree Realty
Mls Name: SVVAR
Mls Provider:
Mls ID: #538626
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.