Available
$539,000(ARV: $599,000)90% of ARV

Coconino County, Page, AZ 86040

5 bd3 ba2,074 sfBuilt 2025

21 days ago

Gross spread$60,000

Description

New-construction single-family rental underwriting to a 6.88% cap on $37,070 NOI against $539,000 asking, with projected rent of $3,500 per month, or $42,000 annually. Operating costs are light: $510 in annual taxes, $1,000 insurance, and $40 monthly HOA, which supports the net yield. Asking sits $60,000 under the $599,000 ARV, giving the buyer built-in equity at entry. Built in 2025 and offered in new condition, this is a day-one hold with no reno timeline. The single-story layout runs 2,074 square feet with 5 bedrooms, 3 baths, and a 2-car garage on a 10,855 square foot lot. Financials and the rent projection are available on request. Call or text Jeremy Lewis at [contact details hidden] if interested.

Property

Bedrooms5
Bathrooms3
Square feet2,074
Lot size10,855 sf
Year built2025
ConditionTurn Key
OccupancyVacant
ParkingDriveway

Systems & condition

Roof age1-3 yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file1
Views on the source listing10
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