985 E Mingus Ave APT 123CottonwoodAZ86326
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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 Cottonwood at 985 E Mingus Ave APT 123, Cottonwood, AZ, 86326 uses $71,273 cash to close to unlock $1,745/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $1,052/mo payment keeps the spread at $145/mo. Purchase price stands at $215,000, and rental yield measures 7.9% with $1,416/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 115.65% and total cumulative return in cash records $82,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
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Listed by: Erin Estes • Coldwell Banker Northland
Mls Name: SVVAR
Mls Provider:
Mls ID: #539471
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