1213 S Mohave AveParkerAZ85344
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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 Parker at 1213 S Mohave Ave, Parker, AZ, 85344 uses $91,163 cash to close to unlock $2,981/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,874/mo, and a $1,346/mo payment keeps the spread at $248/mo. Purchase price stands at $275,000, and rental yield measures 8.18% with $1,874/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $109,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1915
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85344, Parker, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 2,523 (40.4%) |
| Renter Occupied HU | 1,125 (18.0%) |
| Vacant Housing Units | 2,599 (41.6%) |
| Median Home Value | $225,364 |
| Average Home Value | $284,919 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,516
Multi-Family
285
Businesses
531
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