1120 Rainbow View DrLakesideAZ85929
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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 Lakeside at 1120 Rainbow View Dr, Lakeside, AZ, 85929 priced at $688,000 converts $3,133/mo rent into after a $3,367/mo obligation. Total monthly income equals $3,133/mo. Return on cash invested prints 14.57% in year one, and rental yield reads 5.46% against a $688,000 entry. Equity gained on principal adds $4,440/yr, while 5% annual appreciation compiles into $190,082 by year five. Five-year ROI reaches 73.99% and total cumulative return in cash sums $167,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,133/mo property income covering a $3,367/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.38 Acres lot
$N/A/sqft
$1,236 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85929, Lakeside, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 2,794 (45.0%) |
| Renter Occupied HU | 793 (12.8%) |
| Vacant Housing Units | 2,622 (42.2%) |
| Median Home Value | $337,853 |
| Average Home Value | $385,111 |
Housing Distribution
Address Breakdown
Residential
4,474
Single Family
3,973
Multi-Family
501
Businesses
374
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