11880 N Saguaro Blvd APT 202Fountain HillsAZ85268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fountain Hills at 11880 N Saguaro Blvd APT 202, Fountain Hills, AZ, 85268 generates $2,438/mo in rent and, after a $1,908/mo payment, leaves $134/mo in cash flow. Total monthly income is $2,438/mo, and annual cash flow is $1,603/yr on $129,252 invested. Return on cash invested sits at 21.15% in year one, and rental yield is 7.5% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 109.14% and total cumulative return in cash sums $141,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.
Apartment
Built in 1998
130 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85268, Fountain Hills, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,249 (100%) |
| Owner Occupied HU | 9,938 (69.7%) |
| Renter Occupied HU | 2,006 (14.1%) |
| Vacant Housing Units | 2,305 (16.2%) |
| Median Home Value | $670,983 |
| Average Home Value | $772,614 |
Housing Distribution
Address Breakdown
Residential
14,099
Single Family
9,319
Multi-Family
4,780
Businesses
600
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Listed by: Tracy Preston • HomeSmart
Mls Name: ARMLS
Mls ID: #6938474