985 E Mingus Ave APT 514CottonwoodAZ86326
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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 514, Cottonwood, AZ, 86326 offers a 8.14% rental yield on a $305,000 purchase with $2,069/mo rent. Total monthly income registers $2,069/mo, and a $1,493/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $671/yr on $101,108 to close, and return on cash invested stands at 20.57% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 106.92% and total cumulative return in cash at $108,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,069/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
871.20 sqft lot
$N/A/sqft
$210 monthly HOA
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Listed by: svv.rets.14799 • RE/MAX Sedona
Mls Name: SVVAR
Mls Provider:
Mls ID: #538075
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