Coconino County, Page, AZ 86040
4 bd3 ba1,806 sfBuilt 2026
Gross spread$50,000
Description
New-construction rental underwriting to a 6.98% cap on $31,338 NOI against $449,000 asking, with $36,000 in projected annual rent carrying the return. Priced $50,000 under a $499,000 ARV, the buyer picks up equity at close alongside day-one yield. Operating costs stay tight at $662 in property tax, $1,000 insurance, and a $40 monthly HOA. Built in 2026, this is a turnkey 4 bed, 3 bath spanning 1,806 square feet on a 10,423 square foot lot. New construction removes near-term capex and deferred maintenance from the underwriting, so this fits a clean stabilized hold rather than a reno timeline. Financials and the rent projection are available on request. Call or text Jeremy Lewis at [contact details hidden] if interested.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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