12427 W Desert Cove RdEl MirageAZ85335
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 El Mirage at 12427 W Desert Cove Rd, El Mirage, AZ, 85335 listed at $615,000 pairs $2,294/mo rent with a $3,010/mo payment. Total monthly income runs $2,294/mo. Return on cash invested measures 12.11% in year one, and rental yield registers 4.48% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 60.59% and total cumulative return in cash totals $122,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,294/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.59 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices