Coconino County, Page, AZ 86040
5 bd3 ba2,074 sfBuilt 2025
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
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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