12038 W Melinda LnPine Knoll ShoresAZ85373
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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 Pine Knoll Shores at 12038 W Melinda Ln, Pine Knoll Shores, AZ, 85373 offers a 6.53% rental yield on a $425,000 purchase with $2,314/mo rent. 66% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 90.61% and total cumulative return in cash at $127,661. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,314/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
5,750 sqft lot
$N/A/sqft
$66 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85373, Sun City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,479 (100%) |
| Owner Occupied HU | 8,056 (76.9%) |
| Renter Occupied HU | 1,067 (10.2%) |
| Vacant Housing Units | 1,356 (12.9%) |
| Median Home Value | $392,548 |
| Average Home Value | $442,184 |
Housing Distribution
Address Breakdown
Residential
9,589
Single Family
8,976
Multi-Family
613
Businesses
100
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Listed by: Kimberly May Wang • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6906237
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.