12398 S 181ST DriveGoodyearAZ85338
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 12398 S 181ST Drive, Goodyear, AZ, 85338 in Goodyear fits: $698,000, 4.38% gross yield, and a projected 5% annual appreciation rate adding $192,845 in value within five years. Rental yield 4.38%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.81) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,429/yr in principal paydown and $192,845 in appreciation project a total return of $162,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.0% |
| Monthly Cash Flow | $(1,791) | $1,200 |
City averages based on Goodyear market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,548 |
| Total Monthly Debt Service | $3,848 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2006
9,108 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85338, Goodyear, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,660 (100%) |
| Owner Occupied HU | 18,615 (65.0%) |
| Renter Occupied HU | 7,005 (24.4%) |
| Vacant Housing Units | 3,040 (10.6%) |
| Median Home Value | $464,618 |
| Average Home Value | $513,834 |
Housing Distribution
Address Breakdown
Residential
25,961
Single Family
9,083
Multi-Family
16,878
Businesses
1,257
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 2006
9,108 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85338, Goodyear, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,660 (100%) |
| Owner Occupied HU | 18,615 (65.0%) |
| Renter Occupied HU | 7,005 (24.4%) |
| Vacant Housing Units | 3,040 (10.6%) |
| Median Home Value | $464,618 |
| Average Home Value | $513,834 |
Housing Distribution
Address Breakdown
Residential
25,961
Single Family
9,083
Multi-Family
16,878
Businesses
1,257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices