1 Easy St #5CarefreeAZ85377
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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 #5, Carefree, AZ, 85377 priced at $1,085,035 converts $5,058/mo rent into after a $5,311/mo obligation. Total monthly income equals $5,058/mo. Return on cash invested prints 15.74% in year one, and rental yield reads 5.59% against a $1,085,035 entry. Equity gained on principal adds $7,002/yr, while 5% annual appreciation compiles into $299,775 by year five. Five-year ROI reaches 80.01% and total cumulative return in cash sums $281,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,058/mo property income covering a $5,311/mo payment, not borrower’s personal income.
Condo
Built in 2024
0.58 Acres 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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