12324 W Parkway LnAvondaleAZ85323
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
Investment property for sale in Avondale at 12324 W Parkway Ln, Avondale, AZ, 85323 listed at $747,519 pairs $3,181/mo rent with a $3,659/mo payment. Total monthly income runs $3,181/mo. Return on cash invested measures 13.56% in year one, and rental yield registers 5.11% at a $747,519 basis. Equity gained on principal adds $4,824/yr, and annual property appreciation at 5% supports $206,526 by year five. Five-year ROI tracks 68.56% and total cumulative return in cash totals $168,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,181/mo property income relative to a $3,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,100 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
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Listed by: Clayton Denk • David Weekley Homes
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884544
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