12311 W Medlock DrLitchfield ParkAZ85340
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 12311 W Medlock Dr, Litchfield Park, AZ, 85340 in Litchfield Park delivers $2,848/mo in gross rent and $333/mo in net monthly income at a $414,400 entry. The 8.25% yield and 1.53 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $114,491 over five years and $3,817/yr in equity from loan paydown, total projected return is $178,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $333 | $1,500 |
City averages based on Litchfield Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,848 |
| Total Monthly Debt Service | $2,350 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
5,388 sqft lot
$N/A/sqft
$780 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85340, Litchfield Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 12,616 (79.6%) |
| Renter Occupied HU | 2,214 (14.0%) |
| Vacant Housing Units | 1,025 ( 6.5%) |
| Median Home Value | $587,764 |
| Average Home Value | $616,464 |
Housing Distribution
Address Breakdown
Residential
14,565
Single Family
8,427
Multi-Family
6,138
Businesses
858
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
Single Family
Built in 2002
5,388 sqft lot
$N/A/sqft
$780 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85340, Litchfield Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 12,616 (79.6%) |
| Renter Occupied HU | 2,214 (14.0%) |
| Vacant Housing Units | 1,025 ( 6.5%) |
| Median Home Value | $587,764 |
| Average Home Value | $616,464 |
Housing Distribution
Address Breakdown
Residential
14,565
Single Family
8,427
Multi-Family
6,138
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angel Ivan Herrera • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6772691
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