11201 N El Mirage Rd #359El MirageAZ85335
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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 El Mirage at 11201 N El Mirage Rd #359, El Mirage, AZ, 85335 uses $36,465 cash to close to unlock $2,210/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $834/mo, and a $538/mo payment keeps the spread at $184/mo. Purchase price stands at $110,000, and rental yield measures 9.1% with $834/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.09% and total cumulative return in cash records $49,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $834/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
2,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85335, El Mirage, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,942 (100%) |
| Owner Occupied HU | 8,037 (67.3%) |
| Renter Occupied HU | 3,008 (25.2%) |
| Vacant Housing Units | 897 ( 7.5%) |
| Median Home Value | $344,622 |
| Average Home Value | $412,981 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
8,346
Multi-Family
2,007
Businesses
347
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Listed by: Melissa Lynn Brauer • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6846219
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