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$875,000

For Sale - Active
6850 E Wade Ln, Prescott Valley, AZ 86315
4 Beds
3 Baths
2,636 Square Feet
2.00 Acres Lot
Built in 2020
For Sale - Active
Units n/a
Checked: 24 hours ago
Updated: Oct 22, 2025 at 10:02AM

Investment Summary


Monthly Cash Flow
-$1,961
Cap Rate
3.0%
Cash-on-Cash Return
-11.7%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-7.3%

Property Description


2.00 Acres Lot
Built in 2020
For Sale - Active
Units n/a

This meticulously cared-for, move-in-ready custom home offers the perfect blend of comfort, functionality, and serene country living. Set on 2 fully fenced acres and thoughtfully designed with over 2,600 square feet of single-level living space, this 4-bedroom, 2.5-bathroom residence is ideal for those seeking both style and practicality. From the moment you arrive, you'll appreciate the superior craftsmanship, attention to detail, and exceptional organization that make this property a true dream home. Soaring 10-12' ceilings, elegant recessed lighting, and high-quality Pergo TimberCraft Wheaton Oak waterproof flooring extend throughout the home, complementing its open, airy layout. At the heart of the home, the spacious living area features a striking rock wall fireplace and expansive windows that frame stunning mountain vistas and miles of unspoiled grasslands. The chef's kitchen is as beautiful as it is functional, outfitted with LG stainless steel appliances, granite countertops, a generous island, under-cabinet lighting, and an abundance of Knotty Alder cabinetry with soft-close hinges. A roomy walk-in pantry completes this dream culinary space. The private master suite is a tranquil retreat, complete with large picture windows, a luxurious walk-in closet, a spa-inspired garden tub, tile walk-in shower, dual vanities, and a private water closet. This home's split floor plan offers ample privacy and storage for every lifestyle. The fully insulated 3-car garage is perfect for hobbyists, car enthusiasts, or extra workspace. Outdoor living is just as inviting, with a large covered patio ideal for entertaining or soaking in the peace and quiet of your surroundings. The property is fenced and cross-fenced with durable no-climb pipe rail, creating three versatile zones ideal for equestrian use or hobby farming. A 2-stall stable, fenced pasture, and multiple gated access points ensure flexibility and ease of use. Additional features include: - RV hookups (power, dump station, and water) for convenient post-adventure clean-up - Upgraded insulation throughout - High-producing private well (tested at 13.3 GPM in 2022) - Low-maintenance paver walkways and landscaping Tucked away nearly 300 feet from the main road via a private easement, this home offers both privacy and a peaceful, rural lifestyle yet remains part of a quiet, welcoming neighborhood. If you've been searching for space, comfort, and serenity in a move-in-ready home, this one checks all the boxes.

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Location


Property Details


Parking

  • Description: Garage
  • Details: RV Access/Parking, Garage Door Opener
  • Garage Spaces: 3
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: H&F Windmill Ranch
  • HOA Fee: $198/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 10367002V
  • Lot Size: 87135 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2020

Tax Information

  • Annual Tax: $3,446

Utilities

  • Water & Sewer: Private
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

Location

  • County: Yavapai

Listing Details


Listed by:
Natania R Jones
West USA Realty of Prescott
(928) 308-7714

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6885157
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$1,961
Cap Rate
3.0%
Cash-on-Cash Return
-11.7%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-7.3%

Purchase Details

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Purchase price:
$875,000
Amount financed:
-$700,000
Down payment:
$175,000
Closing costs:
$26,250
Rehab costs:
$0
Initial cash invested:
$201,250
Square feet:
2,636
Cost per square foot:
$332
Monthly rent per square foot:
$1.37

Financing Details

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Loan amount:
$700,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$4,141
Property tax:
$287
Insurance:
$252
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,680

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,600 $43,200
Vacancy loss: (6%)
6% -$216 -$2,592
Operating income:
$3,384 $40,608

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$287-$3,446
Insurance: (7%)
7%-$252-$3,024
Property management: (8%)
8%-$288-$3,456
Repairs & maintenance: (5%)
5%-$180-$2,160
Capital expenditures: (5%)
5%-$180-$2,160
HOA fees: (0%)
0%-$17-$204
Total operating expenses: (33%)
33%-$1,204-$14,450

Cash Flow


Monthly Yearly
Net operating income:
$2,180 $26,160
Mortgage payments:
-$4,141 -$49,692
Cash flow:
-$1,961 -$23,532