12422 N 121st DrEl MirageAZ85335
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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
Rental property for sale in El Mirage at 12422 N 121st Dr, El Mirage, AZ, 85335 generates $2,137/mo in rent, after a $1,819/mo payment. Total monthly income is $2,137/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 6.9% on a $371,590 entry. Equity gained on principal adds $2,398/yr, while 5% annual appreciation builds toward $102,663 over five years. Five-year ROI reaches 98.35% and total cumulative return in cash sums $121,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5,263 sqft lot
$N/A/sqft
$63 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85335, El Mirage, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,942 (100%) |
| Owner Occupied HU | 8,037 (67.3%) |
| Renter Occupied HU | 3,008 (25.2%) |
| Vacant Housing Units | 897 ( 7.5%) |
| Median Home Value | $344,622 |
| Average Home Value | $412,981 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
8,346
Multi-Family
2,007
Businesses
347
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Listed by: Ashley Sebreros • Mashouses
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853396
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