9585 E Joy AveHerefordAZ85615
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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
Investment property for sale in Hereford at 9585 E Joy Ave, Hereford, AZ, 85615 offers a 13.23% rental yield on a $117,000 purchase with $1,290/mo rent. Total monthly income registers $1,290/mo, and a $573/mo payment leaves $598/mo available for distribution. Annual cash flow reaches $7,177/yr on $38,786 to close, and return on cash invested stands at 38.41% in year one. Equity gained on principal adds $755/yr while 5% annual appreciation supports $32,325 over five years. Portfolio math shows five-year ROI at 201.82% and total cumulative return in cash at $78,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,290/mo property income against a $573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
0.40 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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