968 Heather LnChino ValleyAZ86323
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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
Rental property for sale in Chino Valley at 968 Heather Ln, Chino Valley, AZ, 86323 priced at $625,000 converts $3,119/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,119/mo. Return on cash invested prints 16.61% in year one, and rental yield reads 5.99% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 84.78% and total cumulative return in cash sums $174,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,119/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.99 Acres lot
$N/A/sqft
$195 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86323, Chino Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,779 (100%) |
| Owner Occupied HU | 7,049 (80.3%) |
| Renter Occupied HU | 1,166 (13.3%) |
| Vacant Housing Units | 564 ( 6.4%) |
| Median Home Value | $425,388 |
| Average Home Value | $495,954 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,387
Multi-Family
173
Businesses
556
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Listed by: Randy Schafer • Better Homes and Gardens Real Estate BloomTree Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884280
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