10696 S 297th AvePalo VerdeAZ85343
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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
Investment property for sale in Palo Verde at 10696 S 297th Ave, Palo Verde, AZ, 85343 offers a 7.48% rental yield on a $599,000 purchase with $3,734/mo rent. Total monthly income registers $3,734/mo, and a $2,932/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,316/yr on $197,071 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 109.58% and total cumulative return in cash at $215,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,734/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85343, Palo Verde, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30 (100%) |
| Owner Occupied HU | 24 (80.0%) |
| Renter Occupied HU | 6 (20.0%) |
| Vacant Housing Units | 0 |
| Median Home Value | $583,333 |
| Average Home Value | $615,625 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
1
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Listed by: Marcus De La Garza • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6812689
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010