1 Easy St #3CarefreeAZ85377
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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
Rental property for sale in Carefree at 1 Easy St #3, Carefree, AZ, 85377 offers $4,387/mo rent that, after a $4,687/mo payment. Total monthly income is $4,387/mo. Return on cash invested measures 15.21% in year one, and rental yield stands at 5.5% at a $957,555 entry. Equity gained on principal adds $6,179/yr while 5% annual appreciation compounds into $264,555 by year five. Five-year ROI records 77.24% and total cumulative return in cash reaches $243,333. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,387/mo property income versus a $4,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85377, Carefree, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,462 (100%) |
| Owner Occupied HU | 1,612 (65.5%) |
| Renter Occupied HU | 169 ( 6.9%) |
| Vacant Housing Units | 681 (27.7%) |
| Median Home Value | $1,046,392 |
| Average Home Value | $1,121,611 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
525
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